Japan has unveiled a draft energy policy targeting 40-50% renewable energy in its power mix by fiscal year 2040, alongside a steady reliance on nuclear power at 20%. The planreflects a shift toward energy security while pursuing decarbonization goals amid growing geopolitical risks.
Japan, the world’s second-largest LNG importer, must balance rising energy demand expected to grow by up to 22% with carbon reduction targets and stable supply. The strategy signals a pragmatic approach to balancing clean energy investments, nuclear resurgence, and energy security amid rising demand.
