Energy Policy
Niigata approves restart of world's largest nuclear plant
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Niigata Governor Hideyo Hanazumi approved the restart of the world's largest nuclear plant, the Kashiwazaki-Kariwa facility, on Friday. This marks the first restart for operator TEPCO since the 2011 Fukushima disaster. The move supports Japan's goals to reduce fossil fuel reliance and achieve carbon neutrality.
China's Ministry of Industry and Information Technology and other agencies issued a joint circular aiming for 100,000 fuel cell vehicles nationwide by 2030, double the 2025 level. End-user hydrogen prices are targeted to fall below 25 yuan (about $3.62) per kg by then, and around 15 yuan in advantaged regions.
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China's green energy leader Inner Mongolia has begun work on two new flexible power plants that will use coal as a backup to renewable sources like wind and solar to supply the economic hubs of Shanghai and Jiangsu province.
Australia's government has announced a pioneering scheme to provide every household with three hours of free electricity daily, starting in 2026. The initiative aims to utilize excess solar power generated during the day. If successful, it could inspire similar policies worldwide.
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China is providing discounted energy bills to tech giants like Alibaba if they switch from Nvidia chips to domestic alternatives such as those from Huawei for powering data centers. This policy responds to the US chip ban and aims to boost local CPU and chip innovation. The initiative targets major domestic firms to reduce reliance on foreign technology.