Japan urged to ditch fossil fuel support to maximise clean-tech exports

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Japan could be one of the big winners of Asia's electrification push, but it must radically pivot its policies away from propping up fossil fuels, a new analysis says The post…

Japan's exports of clean energy technologies could more than double by 2035 as Asia accelerates its electrification, according to energy think-tank Ember, but it urged the government to abandon policies that support fossil fuels to maximise its clean-tech potential.

The nation's exports of batteries, electric vehicles (EVs) and motors, heat pumps and grid equipment could be even higher with the right policies in place to ensure it remains competitive and fully embraces the market for clean energy technologies, Ember's analysis found.

Rapid electrification also means the country's exports of combustion engine cars, engines, hybrid vehicles and other fossil fuel-powered equipment could more than halve by 2035, falling to about $70 billion from $161 billion in 2024 amid faster-than-expected EV adoption in the region.

Japan's exports of clean energy technologies could more than double by 2035 as Asia accelerates its electrification, according to energy think-tank Ember, but it urged the government to abandon policies that support fossil fuels to maximise its clean-tech potential.

The nation's exports of batteries, electric vehicles (EVs) and motors, heat pumps and grid equipment could be even higher with the right policies in place to ensure it remains competitive and fully embraces the market for clean energy technologies, Ember's analysis found.

Rapid electrification also means the country's exports of combustion engine cars, engines, hybrid vehicles and other fossil fuel-powered equipment could more than halve by 2035, falling to about $70 billion from $161 billion in 2024 amid faster-than-expected EV adoption in the region.

Ember director Kingsmill Bond said Japan had the potential to become a leader in clean energy technologies due to its strong engineering base and some of the world's lowest borrowing costs.

"It should be one of the big winners of the electric age," he said. "Instead, public money is going into cheap fuel, ammonia for coal plants and new gas plants.

Ember…

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