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Japan Cancels Its Last Coal Power Plant Project

  • Kansai Electric, Marubeni won’t proceed with 1.3GW project
  • BloombergNEF doesn’t see Japan building any new coal plants
GERMANY-MINING-ENVIRONMENT-COAL-COMMISSION

Photographer: Patrick Pleul/AFP/Getty Images

A joint venture in Japan has scrapped plans for a coal-fired power plant, leaving the country with no new construction on the horizon as companies drop the dirty fuel amid tighter emissions rules and strong growth outlook for renewables.

Kansai Electric Power Co. and Marubeni Corp. won’t move forward with a 1.3 gigawatt coal power project in Akita prefecture that was slated to begin operations in 2024, a unit of Kansai Electric said Tuesday.