nuclear-news

Germany – Japan Team Up On Renewable Energy Push

August 31st, 2012

While in Germany Sato also toured  the failed THT thorium reactor to see the decommissioning process and  to learn more about techniques to dismantle reactors.

Renewables are happening outside Fukushima with more projects coming on line rapidly. Japanese companyWest Holdings is putting $1.3 billion into large scale solar power plants in Japan. Mitsubishi is in talks with wind energy company Vestas on a partnership for wind energy in Japan. Japan’s new feed in tariff for wind in 23.1 yen per KWH, well above the market rate for electricity. Japan’s solar market is estimated to be about $9.6 billion with a new solar feed in tariff of 42 yen.

Japan’s feed in tariffs began in July and include residential energy production such as solar. Under the new program Japan is poised to become the 2nd largest solar market in the world.

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August 31, 2012 - Posted by arclight2011 | Uncategorized