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Japan, the world’s third-largest economy, has made net-zero emission pledges for 2050. Yet the country is an industrial powerhouse that has traditionally relied on imported fossil fuels.
Its power mix is expected to become significantly less reliant on coal and natural gas over the coming decades, however, under the Green Transformation (GX) Policy, which is intended to “dramatically increase the share of low-emissions fuels in generation, including solar PV, wind and nuclear,” according to the International Energy Agency’s World Energy Outlook 2023.
The GX Policy is built on a public and private investment package of $1 trillion over the next ten years, with the aim of achieving decarbonization, energy security and economic growth.
As ABB Formula E races in Japan for the first time this weekend at the Tokyo E-Prix, we explore some of the ways in which ABB is helping Japanese industry meet decarbonization targets and sustainability goals.
Please credit ABB/DPPI when using images for media purposes.