Japan sets output targets for new energy

Nov 22, 2002 01:00 AM

The Japanese government plans to urge power suppliers to generate about 1.35 % of their retail electricity production through environment-friendly methods in fiscal 2010.
A panel of the Ministry of Economy, Trade and Industry set output targets for so-called "new energy," such as wind and solar power, at 7.32 bn kWh for fiscal 2003 and 12.2 bn kWh for fiscal 2010.

The panel proposed the targets ahead of the introduction of a new law in April that will require power suppliers to generate certain volumes of new energy. Power suppliers are expected to spend some 57 bn yen to comply with the new rule by fiscal 2010.

Source: Jiji Press
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