BusinessEnergy

Japan’s Nuclear Industry Seeks Government Support for New Reactor Construction

Japan’s nuclear industry is advocating for increased government support in building new reactors, including state-run capacity auctions and financing assistance. The push comes as the country aims to boost nuclear power’s share in its energy mix to 20% by 2040 amid growing electricity demand from data centers.

Nuclear Industry Calls for Enhanced Support

Japan’s nuclear power sector is seeking greater government backing for new reactor construction, including through state-run capacity auctions, according to industry reports. The push comes under the administration of newly elected Prime Minister Sanae Takaichi, who has publicly supported nuclear energy revival as crucial to Japan’s energy security.