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Monday, 10 September 2012 - Japan energy deadlock deepens; government fails to announce policy mix |
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Prime Minister Yoshihiko Noda's government had been widely expected to announce a decision on energy policy and a reduction of the share of nuclear power to 15 percent or less by 2030. A government source, however, said the announcement was unlikely to take place. The government has been drafting a new energy policy since the Fukushima plant was crippled by an earthquake and tsunami in March 2011, the world's worst nuclear accident in 25 years. The government had to scrap plans to boost nuclear's share of electricity supply to more than 50 percent from nearly 30 percent before the crisis. The issue could become a focal point of a general election expected within months that Noda's Democratic Party of Japan (DPJ) is likely to lose and the government has wavered over whether to set a timetable for abandoning atomic energy. "They must feel very threatened by having a policy put in place, even by a party that's expected to suffer a major defeat in the next election," said Andrew DeWit, a professor at Rikkyo University, referring to pro-nuclear power interests. "I guess they worry that the next government might not want to or be able to roll this back." Noda, registering on Monday for re-election as leader of his Democratic Party, said in his platform that Japan should aim to abandon nuclear power, but gave no timetable for doing so. Noda faces three rivals, but is expected to be re-elected as head of his party, which proposed last week that Japan should move towards ending reliance on nuclear power by the 2030s. NUCLEAR REACTOR RESTARTS Noda also said Japan should build no new nuclear reactors and strictly apply a law limiting to 40 years the lifespan of existing units. That would bring atomic power's share to around 15 percent of electricity by 2030 and zero by mid-century. The Fukushima disaster prompted the shutdown of all 50 reactors in Japan for safety checks. Noda's decision to approve the restart of two reactors to avoid possible power shortages sparked outrage among anti-nuclear activists. Japan ended voluntary targets to cut power use for the summer last week with no shortages reported. Signs the government was leaning toward a plan to exit nuclear power by a specific date have triggered a fierce counter-offensive by pro-atomic interests. Japan's nine regional nuclear utilities and business lobbies argue that abandoning nuclear power in favor of fossil fuels and renewable sources such as solar and wind power will boost electricity prices. That, they say, would make industry uncompetitive, complicate efforts to reduce greenhouse gas emissions and threaten the utilities' financial viability. Anti-nuclear advocates counter that predictions of damage to the world's third-biggest economy are exaggerated and that a policy shift will create new chances for corporate profits in areas such as renewable energy and energy efficiency. The push to set a timeline for exiting nuclear power has also run into opposition from the northern prefecture of Aomori, home to a plant to reprocess spent nuclear fuel. The recycling plant in the village of Rokkasho has yet to begin operating due to technical glitches nearly 20 years after construction began. The prefecture is threatening to send back stored waste if the government abandons the recycling program. (Additional reporting by Kentaro Hamada and Tetsushi Kajimoto; Editing by Aaron Sheldrick and Ron Popeski) World Japan Nuclear Power Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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