Mercury Rising 鳯女

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Posts Tagged ‘Masayoshi Son’

Can Solar Power Save Japan?

Posted by Phoenix Woman on June 15, 2011

This sounds interesting:

Billionaire Masayoshi Son has a track record in taking on monopolies after building a business that opened up the nation’s telecommunications industry. Now he aims to shake up Japan’s power utilities after the worst nuclear crisis in 25 years.

Son, the 53-year-old chief executive officer of Softbank Corp. (9984), plans to build solar farms to generate electricity with support from at least 33 of Japan’s 47 prefectures. In return, he’s asking for access to transmission networks owned by the 10 regional utilities and an agreement they buy his electricity.

Radiation has spread across at least 600 square kilometers (230 square miles) in northeastern Japan after the March 11
earthquake and tsunami caused reactor meltdowns at the Fukushima nuclear plant. Prime Minister Naoto Kan said in May he will rethink a plan to increase atomic power to 50 percent of the nation’s total from 30 percent. Renewable energy accounts for 10 percent, according to Japan’s Agency for Natural Resources and Energy, and Son wants that ratio to be tripled by 2020.

Sounds a bit like T. Boone Pickens’abortive scheme to get people to pay for his transmission lines and buy his natural gas in exchange for a few windfarms. But who knows?

Posted in Japan, solar | Tagged: , , , | 4 Comments »

 
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