Japan’s recent revision to its Strategic Energy Plan (SEP) lowers the targeted share of liquefied natural gas (LNG) in the country’s power generation mix in 2030 to 20% from 27% previously, as a measure to cut emissions. A Rystad Energy analysis concludes that Japan’s targets are too ambitious to meet and that the changes the new plan will bring will mostly be in the structure of commodities trading.
Before Japan outlined its sixth SEP, Rystad Energy already considered the earlier 27% target to be overambitious, as we expect the…Japan’s Overambitious LNG Targets Could Transform The Industry
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