In the latest turn of events, General Electric’s subsidiary plans to join hands with international investors on a project to build one of the largest power grids in Japan.
As the global energy landscape is facing a 75% increased power demand, Japan is facing its own set of challenges. For instance, GE Vernova mentioned in their whitepaper that 43% of the carbon dioxide emission in Japan happens through energy sources.
Moreover, 99% of the fossil fuels imported into the nation are being used for power generation. It further mentioned that Japan’s dependency for power generation is 87% on thermal sources as compared to 80% around the globe.
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To expand the energy generation capability and forge the path of a sustainable future, GE Vernova collaborated with technology partners and global policy experts to develop renewable energy generation sources.
The public tender involves constructing and operating high-voltage interconnection lines connecting Hokkaido, Japan’s northernmost main island, and the Tohoku region of Honshu to the high-demand Tokyo area. Both Hokkaido and Tohoku offer ample locations that are ideal for renewable energy generation.
