Energy Policy of Japan: Post-Fukushima Developments

8 Post Fukushima Developments in Energy Sector The dependency on fossil fuel, especially natural gas increased. • Due to the disaster, Japan will have an additional demand of 110,000-140,000 bbl oil/d and 6.2-8.6 MT gas by end of 2011 (IEEJ) • Government is increasingly focusing on developing alternative sources. • There is concern about availability of fossil fuels and price. R/P: Oil 46 years, Gas 58 years, Coal 118 years. In Japan's energy mix (commercially traded primary sources) these fuel types constitute 40, 16 and 24 % respectively.

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