, 5 tweets, 4 min read Read on Twitter
I thought it worth a thread suggesting something material might just have changed in Australia's #1 thermal #coal export destination - Japan 🇯🇵. We at IEEFA have written about this quite a bit, but mainly about the growing momentum to exit #coal. ieefa.org/ieefa-japan-ea…
On the other side, @JoshSHill wrote about TEPCO, Japan's biggest thermal power generation firm. They just announced a joint venture MoU with @Orsted for offshore #wind.
Anyone else seeing a Japanese corporate pivot towards #RenewableEnergy internationally?
reneweconomy.com.au/japan-looks-to…
TEPCO also this week announced it will co-seed CleanGrid Partners' US$60m #solar infrastructure fund for South East Asia, starting with distributed, off grid solar replacing imported diesel applications in Philippines. A smallish step, but a good one. ✔️ straitstimes.com/business/compa…
And yesterday @renew_economy wrote about Sumitomo of 🇯🇵 buying a leading Australian solar installer & electricity retailer @InfinitenergyAU reneweconomy.com.au/infinite-energ…
And @simonjnicholas noted that in the new Reuters report for Japan in CY2018, import volumes for fossil fuels all had a negative sign, reflecting the ongoing shrinking of energy demand:
Total coal -1.8%
Thermal coal -0.6%
LNG -0.9%
Crude oil -5.8%
uk.reuters.com/article/energy…
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