Bloomberg: Prime Minister Shinzo Abe is pushing Japan's coal industry to expand sales at home and abroad, undermining hopes among environmentalists that he'd use the Fukushima nuclear accident to switch the nation to renewables.
A new energy plan approved by Japan's cabinet on April 11 designates coal an important long-term electricity source while falling short of setting specific targets for cleaner energy from wind, solar and geothermal. The policy also gives nuclear power the same prominence as coal in Japan's energy strategy.
In many ways, utilities are already ahead of policy makers. With nuclear reactors idled for safety checks, Japan's 10 power companies consumed 5.66 million metric tons of coal in January, a record for the month and 12 percent more than a year ago, according to industry figures.
"You cannot exclude coal when you think about the best energy mix for Japan to keep energy costs stable," said Naoya Domoto, president of energy and plant operations at IHI Corp., a developer of a technology known as A-USC that burns coal to produce a higher temperature steam. "One way to do that is to use coal efficiently."