TOKYO: Japan plans to lift restrictions on coal-fired power plants to ensure stable electricity supply during the Middle East war impacting fuel prices. This move follows similar actions by other Asian nations.
Around 70% of Japan’s electricity comes from thermal plants, with coal accounting for 30%. The government aims to increase coal plant operation by 100% for a year starting April.
Japan, as the fifth-biggest oil importer from the Middle East, faces supply challenges. It has initiated the release of strategic oil reserves.
Keywords: Japan, Middle East, coal, power plants, strategic oil reserves, fuel prices