Moves to unlock the full potential of Japan’s offshore wind industry are underway with the announcement of a task force set up to accelerate the sector’s development. Ambitions are to see the country’s renewables share increase from 16 percent to 24 percent by 2030 through a mixture of methods – hydropower being the most sizeable at 9.2 percent and wind coming in at 1.7 percent. The International Energy Agency said last year that by 2040 offshore wind power alone has the potential to meet Japan’s total power demand by over ninefold and the world’s total electricity demand by elevenfold. Further development of floating turbines could become the world’s mainstay power supply. Marubeni Corporation is preparing to launch Japan’s first large-scale offshore wind power generation business. Traditionally wind farms in Japan have been small-scale operations but this 100-billion-yen ($894.4m) project will see around 33 turbines at the ports in Akita […]