SPIRE SIGN IN Register

Spirethoughts

Spire's six most recent Spirethoughts.

Countries fight Covid-19 crisis with economic bailout packages
EU offers more market access to Vietnam
EU offers more market access to Vietnam
The Coronavirus spells trouble for the pharma industry in India and gl...
Will electric cars be more enjoyable to drive
Will electric cars be more enjoyable to drive?
Drones: Winging it like a bird
The World Bank’s USD212 million Green loan for Vietnam
The World Bank’s USD212 million Green loan for Vietnam

The de-nuclearization of power generation

Since May 2012, Japan’s de-nuclearization of its power sector is a result of growing opposition from various citizen groups, especially after the Fukushima Daiichi incident. While measures have been initiated to seamlessly switch to alternate fuels, this decision could adversely impact industrial activities due to outages.

However, this is an opportunity for renewable energy equipment manufacturers. The government is expected to announce a new energy strategy that targets at increasing the share of renewable power generation. Currently, renewable sources account for only 9% of Japan’s generation capacity; and the government is expected to spend billions to develop its renewable energy sector.

The test for the Japanese government would be how well it can transit to alternate fuels with the least pain to its already embattled economy.

Back to Top

Back to Home
BTBTBTBTBTBT