Friday, March 25, 2011

Japanese Expected to Invest Heavily in Solar Power

The recent crisis in Japan has hit the country's power grid with intensity that may take months to rebuild, and could have lasting repercussions on parts of the Japanese economy. It may help spur growth in other power markets, such as alternatives and distributed generation.

New Frost & Sullivan market insights finds that problems with nuclear plants and the grid system can lead Japanese consumers and politicians to demand new solutions. These requests may include non-centralized electricity generation, solar power and micro combined heat and power (micro CHP).

"Japan is already a world leader in green and alternative power research and usage," said Frost & Sullivan energy and environment markets research director Roberta Gamble. "Expanding the market at a faster rate can help spur innovations that increase efficiencies and reduce costs, which can have a global impact in terms of making these technologies more attractive outside of Japan as well."

Alternative energy costs are high compared to traditional solutions, but Japan has a history of aggressive incentives and mandates that help grow the market. This factor, in addition to the nuclear crisis, could lead to further growth in distributed power and solar energy.

"The concerns of nuclear power and an extensive grid system, both of which have been adversely affected by the earthquake and tsunami, may further mobilize national sentiment," said Gamble. "Public officials may be pushed to pursue more aggressive green energy and distributed generation solutions."

source:  Frost & Sullivan

P.S.   My suggestion is that one of the first place they should build solar power systems is near all their nuclear power plants -- so when the next earthquake damages their nuclear plant and the tsunami washes away their backup electrical system they will be able to still have power from their solar system to pump water and keep the nuclear rods from melting and polluting the planet.

No comments:

Post a Comment