Japan’s utilities have applied to restart 20 reactors, and last month the Nuclear Regulation Authority approved a restart of two units at Kyushu Electric’s Sendai plant in southwestern Japan, expected to be scheduled for early 2015.
Thermal coal imports hit a record of 111.52 million tonnes after rising 5 percent from the previous year.
Oil use for power fell nearly a fifth over the same fiscal period to less than 418,000 barrels per day (bpd), down from a 16-year high of nearly 510,000 bpd the previous year.
While power firms reduced oil use last fiscal year, their coal use rose nearly 20 percent and LNG by less than 1 percent.
Fossil fuel imports by utilities in the three business years since Fukushima have on average been about 3 trillion yen ($28 billion) higher per year than the yearly costs before 2011, contributing to a string of record trade deficits.
Japan, which takes about a third of global LNG shipments, imported a record 87.73 million tonnes of the fuel in the year through March for both utilities and other uses, paying an all-time high of 7.34 trillion yen (US$68 billion).
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.