Japan Power Utilities Resume Operation Amid ‘Disastrous’ Quake

Japan’s Tohoku Electric Power has adequate electricity generation capacity to meet demand, after a large earthquake at the weekend knocked out several big fossil-fuelled power stations, reports Reuters.

A 7.3 magnitude quake! 

The quake of magnitude 7.3 injured more than 150 causing damage throughout the northern region, including Fukushima, in a further test of a beleaguered electricity grid brought close to blackout last month by cold weather.

As for today, we have enough supply capacity, but...

https://mfame.guru/japan-power-utilities-resume-operation-amid-disastrous-quake/

JKM LNG Price at Six-year Highs

According to Price agency Platts, JKM LNG price has risen to record high, reports Reuters.

LNG at six-year high price

The Japan-Korea-Marker (JKM) price for liquefied natural gas (LNG) assessed by S&P Global Platts has risen to a record high of $20.705 per million British thermal units (mmBtu), the price agency said.

Asian spot LNG prices are riding at six-year highs, as a cold spell in some countries prompted record imports into the region.

What is the reason?

JERA, Japan’s biggest electricity...

https://mfame.guru/jkm-lng-price-at-six-year-highs/

JERA To Shut Down ‘Inefficient’ Coal Plants By 2030

  • Japan’s largest thermal power operator Jera plans to phase out its coal-fired units with inefficient technology across its power plants, by 2030.
  • The utility operates nine coal-fired power plants with total capacity of 7.3GW.
  • Inefficient coal-fired power generation units may be shut by 2030 but will depend on the government.
  • Most of Jera’s thermal power units are equipped with the latest clean coal technologies, such as integrated coal gasification combined cycle and ultra-super critical...

https://mfame.guru/jera-to-shut-down-inefficient-coal-plants-by-2030/

NYK, K-Line And JERA Name Japan’s First LNG Bunkering Vessel ‘Kaguya’

Naming Ceremony Held for Japan’s First LNG Bunkering Vessel

On September 16, a naming ceremony was held at the Sakaide Works of Kawasaki Heavy Industries, Ltd. for Japan’s first LNG bunkering vessel (“LBV”).

The ceremony was attended by Masashi Asakura, Chief Officer for Production Group of Toyota Motor Corporation; Masahiro Kato, Deputy Director-General for Engineering Affairs, Ports and Harbors Bureau of Japan’s Ministry of Land, Infrastructure, Transport and Tourism; and a number of related parties.

LBV was named “Kaguya” by Yukikazu Myochin, President...

https://www.marineinsight.com/shipping-news/nyk-k-line-and-jera-name-japans-first-lng-bunkering-vessel-kaguya/