Japan ups reliance on oil-fired power to replace idled nuclear generation

Japanese utilities are increasing their oil imports in order to help replace some of the country's idled nuclear power capacity, according to Bloomberg

The country's nuclear power plant utilization rate has fallen dramatically to 5.1 percent in August from 26.4 percent the same month last year, even after the March 2011 tsunami that crippled the Fukushima Daiichi reactor. 

Meanwhile, the country has increased its reliance on oil-fired power plants, with total oil imports rising 35.4 percent year-over-year in August to reach around 257,000 barrels per day. 

Of that amount, 7 percent was used for power generation. By comparison, the International Energy Agency reports that less than 2 percent of Japanese crude oil was converted to electricity in in 2009. 

Japan has pushed hard to diversify its crude oil supply, with Reuters reporting that it has drastically scaled back imports from Iran in response to international sanctions. However, the country's cut in imports could allow it to secure a further extension of exemptions provided by the U.S. and Europe. 

PennEnergy's Research area explains how the ongoing nuclear debate in Japan could impact oil and gas markets.

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


Overcoming ICS Management Challenges

Customers confirm they save 80% of their time identifying, analyzing, and reporting ICS cybersecu...

Securing Industrial Control Systems: The Basics

Since isolation seems to be impossible for control system environments, how do companies protect ...

Case Study: Create a Sustainable NERC CIP Compliance Program

With over 100 endpoints, a large US generation and transmission utility was spending 2-3 hours co...

Latest Energy Jobs

View more Job Listings >>

Archived Articles

PennEnergy Articles
2008 | 2009 | 2010 | 2011 | 2012 | 2013

OGJ Articles
2011 | 2012 | 2013

OGFJ Articles
2011 | 2012 | 2013

Power Engineering Articles
2011 | 2012 | 2013

Power Engineering Intl Articles
2011 | 2012 | 2013

Utility Products Articles
2011 | 2012 | 2013

HydroWorld Articles
2011 | 2012 | 2013

COSPP Articles
2011 | 2012 | 2013

ELP Articles
2011 | 2012 | 2013