Skip to main content

Is Japan the Next Boom Market for the Geothermal Energy Industry?

As Japan continues to bounce back from the Fukushima nuclear disaster in 2011, it has focused on renewable energy to lessen its reliance on nuclear and carbon-heavy fossil fuels. In just two years, Japan installed more than 11 gigawatts (GW) of renewables, thanks in part to a generous feed-in tariff (FIT) program established in 2012. While most of that development has been centered on solar, Japan has recently turned toward its abundant reserves of geothermal energy, with the Ministry of Economy, Trade and Industry (METI) expecting 380 to 850 MW of new installed geothermal capacity by 2030.
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.