The Japanese government has revised the country’s Basic Energy Plan, removing its previous commitment to reducing reliance on nuclear power. Instead, by 2040, nuclear power plants are expected to generate 20% of the nation’s electricity.
Currently, nuclear energy accounts for about 10% of Japan’s electricity production.
Before 2011, Japan’s 54 nuclear reactors supplied around 30% of the country’s electricity. However, after the Fukushima disaster, this share dropped significantly as the government shut down operations not only at Fukushima but also at several older reactors. This means that even by 2040, Japan’s nuclear energy share will not return to its 2010 level.
Nevertheless, Japan’s nuclear revival will increase global demand for uranium. Given the number of planned nuclear reactors worldwide, uranium—alongside rare earth metals and lithium—is shaping up to be one of the critical natural resources of the future.
https://oilprice.com/Alternative-Energy/Nuclear-Power/Japan-Aims-for-20-Percent-Nuclear-Power-by-2040.html