Close to a small fishing port in southwestern Japan, the slim white turbines of the country’s first commercial-scale floating wind farm glimmer offshore, months before a key project in Tokyo’s green-energy strategy begins.
Still heavily reliant on imported fossil fuels, Japan has declared offshore wind energy a “trump card” in its drive to make renewables its top power source by 2040, and reach carbon neutrality a decade later.
That is despite rising project costs and fears over inadequate infrastructure to produce turbines en masse. Floating turbines are particularly well suited to Japan as its deep coastal waters make fixing them to seabeds tricky, while the country is also prone to natural disasters.
Photo: AFP
“Floating structures are relatively stable even in the case of earthquakes or typhoons,” said Kei Ushigami, head of marine renewable energy for construction company Toda Corp, a key player in the project.
The eight turbines — sitting 5km off the Goto Islands in waters up to 140m deep — would officially start turning in January next year.
It is hoped they would aid the archipelago in reaching ambitious new targets laid out this year that should see wind’s contribution to the energy mix soar to between four and eight percent by 2040 — up from about 1 percent today.
It is a long, hard road ahead for resource-scarce Japan — the world’s fifth-largest carbon dioxide emitter — to wean itself off fossil fuels.
Last year, 65 percent of its electricity needs were met by coal and hydrocarbon-powered thermal plants, while just more than one- quarter came from renewables, Japan’s Institute for Sustainable Energy Policies.
Costs are also rising sharply, and at the end of last month Japanese conglomerate Mitsubishi Corp pulled out of three key wind power projects deemed no longer profitable. Other project operators have asked for better support from the government.
“It is important for the government to address shortcomings in the current bidding system, which failed to anticipate rapid global inflation after bids were awarded,” said Yoko Mulholland, a senior policy advisor at the think tank E3G.
The streamlining of regulatory processes and easing construction restrictions would “shorten lead times and also lower capital expenditure,” she said.
Hidenori Yonekura, the director of New Energy and Industrial Technology Development Organization’s wind and marine unit, said the nascent floating wind energy is a path to eventually lowering costs, by installing more turbines in Japan’s vast exclusive economic zone of 4.5 million square kilometers.
However, the task appears Herculean: To meet the 2040 wind target, about 200 15-megawatt turbines a year need to go up.
However, “the infrastructure is not yet in place,” Yonekura said. “Japan lacks turbine manufacturers and large production sites.”
Construction companies also face technical challenges with the still-novel systems: Defects discovered in the floating structure of a wind turbine at Goto meant Toda had to make replacements, delaying the project by two years.
Coexistence with local industries, especially fishing, is also crucial.
Toda said it had conducted an environmental assessment and found a pilot project had “no negative impact on fish.”
Fishers also receive part of the revenue from electricity sales and some of the property taxes generated by the project, while some have been hired to monitor the construction site with their vessels.
However, Takuya Eashiro, head of the Fukue fishing cooperative in Goto, the wind project was imposed “from the top” and presented as “a done deal.”
Nevertheless, “fishermen understand the importance of such a project for Japan,” he said.
The National Federation of Fisheries Cooperative Associations protested to the government after Mitsubishi withdrew, reminding them that fishers had worked with the projects, hoping for positive economic impacts.
As fishing becomes less viable due to warming sea temperatures, “some hope their children or grandchildren will find jobs in wind turbine maintenance,” Eashiro said.
Sweeping policy changes under US Secretary of Health and Human Services Robert F. Kennedy Jr are having a chilling effect on vaccine makers as anti-vaccine rhetoric has turned into concrete changes in inoculation schedules and recommendations, investors and executives said. The administration of US President Donald Trump has in the past year upended vaccine recommendations, with the country last month ending its longstanding guidance that all children receive inoculations against flu, hepatitis A and other diseases. The unprecedented changes have led to diminished vaccine usage, hurt the investment case for some biotechs, and created a drag that would likely dent revenues and
Global semiconductor stocks advanced yesterday, as comments by Nvidia Corp chief executive officer Jensen Huang (黃仁勳) at Davos, Switzerland, helped reinforce investor enthusiasm for artificial intelligence (AI). Samsung Electronics Co gained as much as 5 percent to an all-time high, helping drive South Korea’s benchmark KOSPI above 5,000 for the first time. That came after the Philadelphia Semiconductor Index rose more than 3 percent to a fresh record on Wednesday, with a boost from Nvidia. The gains came amid broad risk-on trade after US President Donald Trump withdrew his threat of tariffs on some European nations over backing for Greenland. Huang further
CULPRITS: Factors that affected the slip included falling global crude oil prices, wait-and-see consumer attitudes due to US tariffs and a different Lunar New Year holiday schedule Taiwan’s retail sales ended a nine-year growth streak last year, slipping 0.2 percent from a year earlier as uncertainty over US tariff policies affected demand for durable goods, data released on Friday by the Ministry of Economic Affairs showed. Last year’s retail sales totaled NT$4.84 trillion (US$153.27 billion), down about NT$9.5 billion, or 0.2 percent, from 2024. Despite the decline, the figure was still the second-highest annual sales total on record. Ministry statistics department deputy head Chen Yu-fang (陳玉芳) said sales of cars, motorcycles and related products, which accounted for 17.4 percent of total retail rales last year, fell NT$68.1 billion, or
MediaTek Inc (聯發科) shares yesterday notched their best two-day rally on record, as investors flock to the Taiwanese chip designer on excitement over its tie-up with Google. The Taipei-listed stock jumped 8.59 percent, capping a two-session surge of 19 percent and closing at a fresh all-time high of NT$1,770. That extended a two-month rally on growing awareness of MediaTek’s work on Google’s tensor processing units (TPUs), which are chips used in artificial intelligence (AI) applications. It also highlights how fund managers faced with single-stock limits on their holding of market titan Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) are diversifying into other AI-related firms.