Page 8 - AsiaElec Week 13 2021
P. 8

AsiaElec                                           COAL                                              AsiaElec


       Japan considers ending support




       for coal tech exports




        JAPAN            THE Japanese government is seriously look-  in GHG emissions over the long term.
                         ing at ending financial support for exports of   This prompted Japan to introduce the current
                         coal-burning generation technology in a bid to  conditions for coal power equipment exports last
                         boost decarbonisation.               July.
                           The government is looking to follow the poli-  Pressure on Japan grew with the inaugura-
                         cies adopted by the US and the European Union  tion of Biden, who has made climate change a
                         in ending support for exports of generating tech-  top priority. Biden’s special presidential envoy
                         nology and finance and insurance services, the  for climate change, former Secretary of State
                         Nikkei reported.                     John Kerry, has called on Environment Minister
                           This would be a major change of policy for  Shinjiro Koizumi to end government support for
                         Tokyo, which until now has supported exports  overseas coal projects.
                         of technology by the country’s industrial giants.  Prime Minister Boris Johnson of the UK,
                           The new policy turn comes ahead of Prime  which will host the next G7 summit in June, has
                         Minister Yoshihide Suga’s meeting with US  also pressed Japan to end such support.
                         President Joe Biden in April, when the subject of   The Japanese stance on coal has long been
                         decarbonisation will be on the agenda.  criticised by overseas investors on the grounds
                           They plan to announce their initiative in the  that it goes against efforts to combat climate
                         US-led climate change summit to be held April  change. Foreign governments, mainly those of
                         22, according to Japanese government sources.  the US and EU nations, have joined the chorus.
                           Japan uses bodies such as the Japan Bank for   The Suga government has decided that it
                         International Cooperation to offer loans and  should work toward terminating support for coal
                         financial support. Although the bank insists on  projects, given that it has made decarbonisation
                         modern technology and lower greenhouse gas  a pillar of its growth strategy.
                         (GHG) emissions, it still has a major exposure to   Meanwhile, JBIC has also admitted that it is
                         fossil fuel projects.                reconsidering its support for coal.
                           Japanese companies including Mitsubi-  Southeast Asia is a major customer for Chi-
                         shi have signed such deals with Vietnam and  nese technology, and 40% of the region’s electric-
                         Indonesia.                           ity is generated by coal.
                           A new coal power plant typically stays in ser-  As well as coal, Japan is also pursuing hydro-
                         vice for around half a century. Japan has come  gen technology and has finally launched offshore
                         under fire from the international community for  wind licensing rounds.™
                         its exports in this field, on the view that they lock


                                                       NUCLEAR

       Pakistan connects Chinese-built



       K-2 reactor to grid





        PAKISTAN         PAKISTAN has connected the Chinese-built  tonnes per year,
                         Hualong One (HPR1000) nuclear reactor at the   K-2 was constructed under a contract signed
                         Karachi Nuclear Power Plant (NPP) Unit 2 (K-2)  between China National Nuclear Corporation
                         to the national grid.                (CNNC) and the Pakistan Atomic Energy Com-
                           Plant builder Shanghai Electric said that the  mission in 2013, and Shanghai Electric partici-
                         unit, which uses Chinese technology, was con-  pated as the main equipment supplier to provide
                         nected to the grid earlier in March.  essential core components such as reactor inter-
                           The NPP is the first in the world to use China’s  nals and steam turbine generator sets.
                         Hualong One reactor technology         In September 2020, CNNC said it had com-
                           K-2 is slated to generate nearly 10bn kWh  pleted so-called Hot Functional Tests (HFT) at
                         per year annually, meeting the annual electricity  the K2 reactor.
                         needs of one million people. It will help reduce   In China, Hualong One was deployed for the
                         standard coal consumption by 3.12 million  first time at Unit 5 of the Fuqing Nuclear Power



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