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Utilities Building 8 New LNG Power Plants in Japan
6 May 2007
Nikkei. Electric utilities in Japan are building eight new liquefied natural gas (LNG) power plants over the next five years, which will boost the percentage of LNG-produced power from its current 43% to 47% of all thermal power generation.
Thermal power plants account for nearly 30% of all emissions of CO2 and other greenhouse gases in Japan. The electric utility industry has set a target of slashing CO2 emissions per kilowatt of power generation by 20% from the fiscal 1990 level by fiscal 2010.
LNG stations emit 40-50% less CO2 per unit of generated power than coal-burning plants and 20-30% less than oil-fired facilities. The increase in the LNG ratio will cut carbon dioxide emissions for the sector by 10%, according to the report.
May 6, 2007 in Brief | Permalink | Comments (2) | TrackBack (0)
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Posted by: SJC | May 06, 2007 at 04:06 PM
Japan imports yearly about 190 million tons of LNG, more than all other countries combined. Second place belongs to South Korea with about 40 Mt.
Posted by: Andrey | May 06, 2007 at 08:38 PM
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I would think that LNG would be pretty expensive, but then again so is nuclear. There may come a day when NG is so expensive here, due to LNG imports, that an alternative like SNG from biomass becomes profitable.
Presumably, making electricity out of the LNG makes sense, because you can sell the electricity for a high enough price. I would rather countries use LNG than coal, but it is still a fossil fuel, not renewable and not CO2 neutral.