Japan Dealing with Power Crisis: Exploring Options for its Lost Nuclear Capacity

Source: PennEnergy Research Center 

Triggered by a massive earthquake and subsequent tsunami on March 11, damaged reactors at the Fukushima nuclear complex have caught fire and faced radiation leaks. As a result, at least 2 gigawatts (GW) of Japan’s nuclear capacity have been permanently lost, and another 10 GW is likely to remain shut-down for several years.

As Japan battles to bring these reactors under control, other nuclear power-producing countries are seriously considering increasing the safety measures of their nuclear facilities, while some have already announced significant changes to their nuclear programs. These events will have a major impact on the nuclear and oil and gas power sectors in Japan and worldwide.

To fill its energy generation void, Japan, which is already the world’s largest Liquefied Natural Gas (LNG) importer, is looking to bring in additional LNG supplies; something that can be facilitated easily through global LNG markets with their flexibility of supply. However, even these additional LNG supplies are only expected to be able to replace about 50% of the lost nuclear capacity in the near-term. Therefore, Japan will have to explore other power generation options to meet the peak demand for power in the approaching summer.

Addressing these important industry questions PennEnergy’s Research Center presents, Japan Dealing with Power Crisis: Exploring Options for its Lost Nuclear Capacity, a comprehensive report outlining key industry impacts and opportunities stemming from the nuclear crisis in Japan.

The report provides:

Market prospects for gas-fired power in Japan as a result of the nuclear crisis
Opportunities for other energy resources to replace the lost nuclear power generation capacity

Future and current safety and security measures for nuclear power systems in Japan

Tools to identify key growth and investment opportunities in Japan’s power sector set by the nuclear crisis 

Access this timely report here - Japan Dealing with Power Crisis: Exploring Options for its Lost Nuclear Capacity

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