[Asia Economy Reporter Naju-seok] Fukushima, which experienced a radioactive material leakage accident during the Great East Japan Earthquake, is pushing to transform into a renewable energy hub.


The British daily newspaper The Guardian reported on the 5th (local time) that Fukushima Prefecture plans to increase the proportion of renewable energy to 100% of the total power supply by 2040. Currently, only about 40% of the energy is supplied through renewable sources.


Fukushima Prefecture plans to invest 300 billion yen (3.25 trillion won) to build 11 solar power plants and 10 wind power plants on farmland abandoned after the nuclear accident. The funding is expected to be supported by the Bank of Japan, Mizuho Bank, and others.


Before the nuclear accident, this region's nuclear power accounted for about two-thirds of the total energy production. However, the situation changed after the radioactive material leakage accident following the Great East Japan Earthquake in 2011.



After the nuclear accident, criticism arose that Japan's nuclear policy was promoted without considering Japan's vulnerability to earthquakes and tsunamis.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing