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Kansai Electric faces shareholder resolution calling for coal exit

Publishing date: Apr 27, 2021  •  55 minutes ago  •  1 minute read  •  Article content TOKYO Kansai Electric Power, Japan’s second-biggest provider of electricity sourced from fossil fuels, is being targeted by a shareholder resolution aimed at pushing the utility to cut coal use, as governments and companies move towards decarbonisation. The Kyoto City government will on Wednesday submit a shareholder proposal to Kansai Electric to be voted on at its annual shareholders meeting in June, calling on it to stop building new coal plants and to use carbon capture and storage for its existing coal plants, a city official told Reuters. We apologize, but this video has failed to load.

Offshore Construction Starts at Japan s First Large-Scale Offshore Wind Farm

Posted: 3 months ago The 139 MW Akita Noshiro wind farm is the first large-scale offshore wind power project in Japan established on a commercial basis, and is the first in history to deploy a large offshore wind installation vessel in the sea area of Japan, Marubeni Corporation, the largest shareholder in the project, said. Akita Offshore Wind Corporation started the construction in February 2020 and expects to finish the offshore foundation installation work in 2021. From there, they will begin the installation of the 33 Vestas V117 – 4.2 MW wind turbine units at Akita Port and Noshiro Port in April 2022, with the goal of commencing commercial operation within 2022.

Kansai, Marubeni Scrap Akita Coal-Fired Power Project

Kansai, Marubeni Scrap Akita Coal-Fired Power Project Osaka-based utility Kansai Electric Power and trading house Marubeni have cancelled a project to build a 1.3GW coal-fired power plant in the northeast Akita prefecture after a study concluded the project was no longer feasible. The plant was Japan s last coal-fired power project that has not started construction. A tougher environment to develop new coal-fired power plants had pressured the companies to reconsider the project. Kansai and Marubeni had planned to construct two coal-fired power plants in Akita city, targeting the commissioning of the 650MW No.1 unit in March 2024 and the 650MW No.2 unit in June 2024. The companies are studying the possibility of developing a biomass power plant instead of the coal-fired power plant, Kansai said.

MÄRKTE ASIEN/Gewinne in Tokio und Seoul - Schanghai leichter

MÄRKTE ASIEN/Gewinne in Tokio und Seoul - Schanghai leichter
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