Japan plans to replace up to five aging nuclear reactors by the 2040s
Japan's government has put forward a plan to replace up to five aging nuclear reactors by the 2040s, projecting AI data centre and factory demand will raise electricity consumption by 20% over the next two decades. Design work will begin with three major operators.
Nikkei Asia · Staff WriterA draft framework prepared by Japan's Ministry of Economy, Trade and Industry (METI) envisages replacing up to five aging nuclear reactors with next-generation pressurized water reactors by the 2040s. METI Minister Yoji Muto said: 'We project that AI data centre and electric vehicle demand will raise Japan's electricity consumption by 20% over two decades.'
Kansai Electric, Kyushu Electric and Tokyo Electric Power Company (Tepco) are designated as lead operators for the design phase. Kansai Electric spokesperson Shoko Yamada said: 'Our priority is new reactor design alongside safety enhancement work at the Mihama-3 site.' By contrast, former environment ministry official Mie Asaoka said: 'Comprehensive public consultation is needed to rebuild societal trust.'
International Atomic Energy Agency (IAEA) Director-General Rafael Grossi said: 'Japan's safety-enhanced replacement plan is important for regional economic stability.' The plan will go to the Cabinet for approval next month. This is not investment advice.
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