Related Articles
Forward article link
Share PDF with colleagues

Japan reacts and evolves

Japan’s energy economy is pulsating – under the weight of its past, imprisoned by imports, and a desire to innovate

"The economy struggled after Fukushima. We've had to recalibrate our energy economy entirely." Ken Koyama, managing director and senior economist at Japan's Institute of Energy Economics, is speaking. We're in the Inui building in the Kachidoki region of Tokyo, where government offices dominate the landscape. It's here that the country's ministers had to decide - fast - how to bring energy back on line as disaster struck five years ago. "We had planned blackouts. Given the circumstances, we dealt with it well - but we needed an instantaneous rebuilding process." The earthquake and tsunami that hit Japan's Pacific coast on 11 March 2011 changed the country forever, leaving its energy economy

Also in this section
China's teapots are filling up
16 July 2018
Chinese authorities are giving independent refiners greater freedom to source their own supplies of crude oil
Pricing up and down
29 June 2018
A trend towards increased spot sales and more flexible contracts is keeping the global LNG industry on its toes
Buying and selling on the up
29 June 2018
Increased spot and short-term LNG trading and sharp price moves have encouraged the global growth of derivatives trading and hub activity