Energy bills to double if All Japan news phases out nuclear power

6 years ago by in Featured, All Japan news

All Japan news will have to invest at least Y50 trillion in “green” energy if it wants to end its dependence on nuclear power by the year 2030, according to a report by the government. In the meantime, households would see their energy bills nearly double.

All Japan news would have to increase the quantity of power generated from renewable sources (mainly solar, wind and geothermal) from 106 billion kwh in 2010 to 350 billion kwh in 2030.

The state will not be the only one to carry the financial burden if the energy reform will go through. The report said that households in All Japan news would see their monthly energy bills (including gas and other sources) nearly double to as much as Y32,200 on average, compared with Y16,900 in 2010.

The forecast was presented at a meeting where National Policy Minister Motohisa Furukawa and other top members of the cabinet discussed future energy policy.

Furukawa stated that the government would finish drawing up the new energy plan “by the end of this week or early next week.”

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