OIES – Japan’s Energy Transition

The report by OIES "Japan’s Energy Transition: The Interplay of Renewables, Gas" explores Japan's challenges and strategies in balancing energy security with decarbonization goals. Japan faces challenges in managing its energy trade deficit and high user costs while pursuing decarbonization amidst geopolitical tensions. The 7th Strategic Energy Plan sets ambitious targets for renewables and nuclear power by 2040, yet acknowledges the challenges in achieving these goals. While solar power advances, other renewables lag, complicating diversification. Nuclear energy faces hurdles, increasing reliance on LNG for energy security, which ties Japan to global market dynamics. This highlights the need for a flexible strategy balancing immediate security needs with sustainability commitments.