Japan to raise renewable-power goal
TOKYO, JAPAN - The government said that it wanted to expand the amount of electricity that Tokyo Electric Power and other utilities were required to generate from solar power and other renewable energy sources.
The Trade Ministry said it had drawn up a plan requiring Japanese power producers to generate 16 billion kilowatt-hours of energy from renewable sources by March 2015. This would be an increase of 31 percent from the target of 12.2 billion kilowatt-hours, equal to 1.35 percent of total output, set for March 2010.
Japan, a signatory of the Kyoto Protocol on cutting the production of greenhouse gases, wants to expand generation from clean energy sources, particularly solar panels, to help the nation meet emissions targets.
"The proposed target is very tough, and it isn't acceptable," said Mamoru Muramatsu, general manager for planning at the Federation of Electric Power Companies of Japan. "We don't even know whether we can meet the requirement" for 2010.
To reach the 2010 target, utilities need to invest about 100 billion, or $820 million, he said.
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China aims to reduce coal power production
BEIJING - China plans to slash coal-fired power capacity at its five biggest utilities by as much as a third in two years by merging their assets, according to a document seen by Reuters and four sources with knowledge of the matter.
The move to shed older and less-efficient capacity is being driven by pressure to cut heavy debt levels at the utilities. China, is, however, building more coal-fired power plants and approving dozens of new mines to bolster a slowing economy.
The five utilities, which are controlled by the central government, accounted for around 44% of China’s total coal-fired power capacity…
