Japan's Chubu Electric to build new nuclear plant

Japan's Chubu Electric Power Company said it plans to build a nuclear power plant with a total capacity of 3-4 GW by 2030.
 
According to Reuters, Japan, the world's fifth-biggest greenhouse gas emitter, has drawn a roadmap for a low-carbon economy, including a goal to boost the ratio of zero-emissions power from nuclear and renewable sources to 70 per cent of output by 2030 from 34 per cent now.

"We've concluded that without having a new nuclear plant, it would be difficult to meet the zero-emissions goal," Kazuhiko Okabe, an executive officer at the firm, said at a news conference.

Japan's third-biggest power company also said it plans to invest a total 600bn yen to 800bn yen ($7.3bn-$9.7bn) in energy development abroad and its overseas power infrastructure business by 2030.

For more nuclear news, click here

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...