key takeaways
- The Ministry of Economy, Trade, and Industry (METI) released its draft of Japan’s next basic energy plan, which highlights the challenges of meeting competing energy policy goals over the next fifteen years.
- While the ministry emphasizes the need to expand Japan’s use of renewables and nuclear power, it also anticipates a continuing role for thermal power – particularly LNG – through the 2040s, as Japan seeks to balance climate goals with cost and energy security.
