The government’s push to shutter old coal-fired power plants by 2030 to rein in greenhouse gas emissions may force a major revision in business strategy for the power industry by depriving it of cheap coal power to drive profit growth.
Energy
The Japanese government said Thursday it is aiming to achieve a huge increase in offshore wind power capacity over a decade beginning next fiscal year.
Lithium-ion batteries play a central role in the world of technology, powering everything from smartphones to smart cars, and now one of the people who helped commercialize them says he has a way to cut mass production costs by 90 percent and significantly improve their safety.
Hideaki Horie, formerly of Nissan Motor Co., founded Tokyo-based APB Corp. in 2018 to make “all-polymer batteries” (hence the company name).
Japanese telecommunications group Nippon Telegraph & Telephone will enter the country's market for renewable energy, investing more than 1 trillion yen ($9.3 billion) by 2030 to boost capacity and establish its own transmission network, Nikkei has learned.