Japan can cut its power costs by 30 percent if it restarts at least half the country’s 50 nuclear reactors by 2014, a government adviser said. The savings would amount to 1.8 trillion yen ($20.3 billion), the Institute of Energy Economics, Japan, a Tokyo- based research group known as IEEJ, said in report posted today on its website. The country paid an estimated 6 trillion yen last year for its liquefied natural gas imports, twice as much as the year before, Yukio Edano, the country’s former trade and industry minister, said at a conference in September.
The government has tried to fill in the energy gap with more financially and environmentally costly alternatives such as fossil fuel and liquefied natural gas (LNG). Japan imported twice as much LNG in year compared to the previous 12 months, which cost it 6 trillion yen (US$67.7 billion). An IEEJ associate warns of a potential economic catastrophe if the country does not return to nuclear power. While majority of the public expressed opposition to the use of nuclear power, it still opted to elect into office a party that is known to be pro-nuclear.
If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.