Oxford Energy Podcast – Energy transition in Japan and implications for gas
In this podcast, David Ledesma talks to Martin Lambert about his recent paper on the energy transition in Japan and the implications for gas. They discuss the unique challenges which Japan faces in meeting its ambitious decarbonisation targets of 46% reduction by 2030 and net zero by 2050. They cover the range of options available for Japan, including the challenges around nuclear power, following the Fukushima accident in 2011, and the potential for wind and solar power generation to scale up. They also discuss other alternatives which are perhaps less often considered like geothermal power, carbon capture and storage and low carbon hydrogen and ammonia. Pulling the alternatives together, they discuss the scenarios developed as part of the research for the paper and compare them with the official Japanese government plan published by the Ministry of Economy, Trade and Industry (METI). Finally, they consider the implications for the future of gas and LNG in Japan and the increasing uncertainty related to the energy transition.