Monday, November 25, 2024
29 C
Brunei Town

Latest

Japan, US agree to cooperate on geothermal energy

SAPPORO, JAPAN (AP) – Japan and the United States (US) agreed on Saturday to cooperate on developing geothermal energy, one of the most plentiful resources on this volcanic island chain.

The memorandum of commitment was signed on Saturday on the sidelines of a meeting of the Group of Seven (G-7) energy and environment ministers in the northern city of Hokkaido.

Japan’s famed hot springs reflect its abundant geothermal activity, but the spas and resorts clustered around them have slowed efforts to use that resource to generate power.

The pact signed by US Energy Secretary Jennifer Granholm and Japan’s Minister of Economy, Trade and Industry Yasutoshi Nishimura said that geothermal energy is recognised as a “renewable energy technology that the US and Japan can work together to advance.”

It calls for collaborating in research and development and exchange of information and in pursuing geothermal projects in the US, Japan and other countries.

It’s one of an array of areas where the two countries intend to collaborate in reducing reliance on fossil fuels and cutting carbon emissions that contribute to climate change.

United States Energy Secretary Jennifer Granholm. PHOTO: AP

“The prospects of offshore wind are enormous. The prospects of geothermal. We’re very excited about partnering with Japan on these kinds of issues,” Granholm said in an interview with The Associated Press on Friday ahead of the G-7 meetings.

The agreement did not specify expected spending but said each side would bear the costs associated with their own activities.

Adding more geothermal power could make it possible for Japan to provide 90 per cent of its power generation from renewable sources, according to an estimate by the Lawrence Berkeley National Laboratory.

That would amount to a 92 per cent reduction in the country’s greenhouse gas emissions, it said in a recent study.

So far, Japan’s geothermal capacity has been underutilised: it has dozens of small power plants run on the steaming hot springs dotted across the country, but together they account for less than one per cent of its total power generating capacity.

Both Japan and the US are looking to export geothermal technology.

Japanese companies are participating in a joint project to build what is expected to be the world’s largest geothermal power station, in Indonesia’s Sumatra, with 320 gigawatts of electricity.

Biomass and geothermal power also contribute less than one per cent of US generating capacity, according to the US Energy Information Administration.

The US has the largest estimated geothermal potential, according to Japan’s National Industrial Institute of Science and Technology, followed by Indonesia and Japan. But Japan ranks 9th in installed geothermal power generating capacity, while the US is the global leader.

spot_img

Related News

spot_img