Japan's power industry says needs nuclear power, will discuss it with next PM

10/9/2021 2:38:00 PM

Japan's power industry says needs nuclear power, will discuss it with next PM

Japan's power industry says needs nuclear power, will discuss it with next PM

TOKYO : Japan needs nuclear power, the head of an electricity sector federation said on Friday, adding that the industry would have a serious debate on energy policy with whoever becomes the next prime minister.Japan's popular coronavirus vaccination minister, Taro Kono, previously known as a strong criti

LinkedIn TOKYO : Japan needs nuclear power, the head of an electricity sector federation said on Friday, adding that the industry would have a serious debate on energy policy with whoever becomes the next prime minister.Japan Airlines Co Ltd is looking to raise 300 billion yen (US$2.LinkedIn TOKYO : Japanese financial group SBI Holdings's unsolicited bid for Shinsei Bank sparked a rally in Japanese financial shares on Friday on hopes it could accelerate further consolidation among struggling Japanese banks.LinkedIn TOKYO : Japan must not make its public finances a target of experiment for lax financial management such as through"modern monetary theory", Finance Minister Taro Aso said on Friday.

Japan's popular coronavirus vaccination minister, Taro Kono, previously known as a strong critic of nuclear energy, on Friday announced his candidacy to lead the ruling party and, by extension, become the next prime minister."We believe Japan needs nuclear power on the basis of current science and technology," Kazuhiro Ikebe, the chairman of the Federation of Electric Power Companies of Japan (FEPC), told reporters.The funds will be raised through subordinated loans and other financing measures, according to the report https://s."It is no use for us to be wary," Ikebe said when asked if the industry was cautious about Kono becoming prime minister.SBI already owns about 20per cent of Shinsei, a small Tokyo-based lender that took over a collapsed bank during Japan's financial crisis in the late 1990s."We will have a thorough and serious discussion with him and try to make him understand our stance," Ikebe said, referring to what would happen if Kono were to become leader.com/38ShGaE.Kono sounded more cautious on his stance on nuclear power at a Friday news conference, declining to be labelled"anti-nuclear".

He said nuclear power plants dormant since the 2011 Fukushima disaster, that are deemed safe, could be restarted to help achieve a goal of carbon neutrality by 2050.1900 yen) (Reporting by Kanishka Singh in Bengaluru; Editing by Christopher Cushing) Source: Reuters.62per cent, above 1.But Kono said building new plants was"unrealistic" and nuclear power usage will eventually become zero.Ikebe said discussions were necessary."It's difficult to guess what timeline he was talking about.8per cent as SBI offered to 2,000 yen per Shinsei share, a 39per cent premium over Thursday's closing, for a total of 116..

.we'll need to have scientific debates," Ikebe said.Shares of regional banks, including those in which SBI already has a stake, gained sharply.A draft of Japan's latest energy policy, unveiled in July, left the nuclear target unchanged at 20-22per cent of the electricity mix for 2030.It did not mention building new nuclear plants or replacing plants, which power and other industries have urged the government to do.(Reporting by Yuka Obayashi; Editing by Robert Birsel) Source: Reuters.4per cent.

Read more:
CNA »
Loading news...
Failed to load news.

Japan Airlines looking to raise US$ 2.7 billion -NikkeiJapan Airlines Co Ltd is looking to raise 300 billion yen (US$2.72 billion) in funds to ride out anticipated funding challenges amid the continued slump in air traffic, Nikkei reported on Thursday, citing sources. The funds will be raised through subordinated loans and other financing measures, according

SBI's Shinsei bid lifts Japan financial shares on consolidation hopesTOKYO : Japanese financial group SBI Holdings's unsolicited bid for Shinsei Bank sparked a rally in Japanese financial shares on Friday on hopes it could accelerate further consolidation among struggling Japanese banks.SBI, led by Yoshitaka Kitao, formerly of Softbank Group's Masayoshi Son, has publicly s

No place in Japan for 'modern monetary theory', says Finance Minister AsoTOKYO : Japan must not make its public finances a target of experiment for lax financial management such as through 'modern monetary theory', Finance Minister Taro Aso said on Friday.Aso made the comment at a regular news conference, when asked about a proposal by Sanae Takaichi, a contender in the ruling What a joker…they have been printing money for years like nobody business and they said they don’t do MMT…😷

US, Japan, South Korea to meet over North Korea nuclear standoffSEOUL: Officials from the United States, South Korea and Japan will hold a meeting on North Korea next week in Tokyo, South Korea\u0027s foreign ministry confirmed on Friday (Sep 10). The three countries have been discussing ways to break a standoff with North Korea over its nuclear weapons and ballistic .TheDemocrats JapanGov TheBlueHouseENG Not about the N. Korea. The main subject is trying to present the China as the most great danger. Inability of saying the China is forcing them to hide all the plots by N. Korea argument.

EU takes Japan off Covid-safe travel listBRUSSELS — European Union ambassadors on Wednesday (Sept 8) agreed to remove six countries, including Japan, from the bloc's Covid-safe travel list, meaning tourists entering could face restrictions, diplomats said.

Japan Airlines looking to raise US$ 2.7 billion this month - sourcesTOKYO :Japan Airlines Co Ltd (JAL) is looking to raise 300 billion yen (US$2.72 billion) by the end of the month to ride out anticipated funding challenges amid a continued slump in air traffic, two sources familiar with the matter said on Thursday.The funds will be raised through financing that includes subo