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Posted May 2, 2024 Today in Energy ›

Japan’s energy policies aim for increased zero-carbon electricity generation ›

Over the last several years, the Japanese government has announced energy policies aimed to achieve carbon neutrality, or net-zero greenhouse gas (GHG) emissions, by 2050 by lowering emissions in the electric power, industrial, and transportation sectors. In the electric power sector, government policies set 2030 targets, which include accelerated investment in renewable capacity, increased use of nuclear generation, and reduced use of fossil fuels for electricity generation. Japan’s government called the package of energy policies and their targets “ambitious.” Energy security considerations may affect the progress and pace of decarbonization in the electric power sector. More

Japan's electricity generation by fuel type

Data source: U.S. Energy Information Administration, International Energy Statistics, and Japan’s Ministry of Economy, Trade, and Industry (METI)

Data Highlights

WTI crude oil futures price

5/1/2024: NA/barrel

NA from week earlier
NA from year earlier

Natural gas futures price

5/1/2024: NA/MMBtu

NA from week earlier
NA from year earlier

Retail gasoline price

4/29/2024: $3.653/gal

down$0.015 from week earlier
up$0.053 from year earlier

Crude oil inventories

4/26/2024: 460.9 million barrels

up7.3 million barrels from week earlier
up1.3 million barrels from year earlier

Weekly coal production

4/20/2024: 7.907 million tons

up0.409 million tons from week earlier
down3.879 million tons from year earlier