💰 Japan turns back to nuclear power to tackle energy crisis

TL;DR

Public opinion has been hostile towards nuclear energy since a massive earthquake and tsunami triggered a meltdown at the Fukushima Daiichi power plant, but the mood has shifted due to soaring energy costs amid the prolonged war in Ukraine and repeated power crunches in both summer and winter.Quake-prone Japan, which previously said it had no plans to build new reactors, will now seek to replace decomissioned ones and extend the lifespan of others, the industry ministry said.The stark policy turnaround comes after Prime Minister Fumio Kishida said in August that Japan would look at developing next-generation reactors, instructing the industry ministry to set up a policy plan to widen use of nuclear energy by the end of this year.But the new policy, which was approved by an expert panel under the industry ministry on Friday, would allow existing nuclear reactors to operate beyond the current limit of 60 years as well as support the development of new ones.In the financial year to March 2021, nuclear accounted for 3.9% of Japan's power mix, with the government aiming to boost it to as much as 22% by 2030."

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