Japan's Energy Renaissance: New PM Sanae Takaichi's Push for Nuclear Revival

Japan's newly appointed Prime Minister, Sanae Takaichi, is advocating for a swift resurgence of nuclear power to combat rising inflation, which has been fueling public frustration. The strategic restart of nuclear reactors is seen as pivotal in cutting down on expensive fuel imports.

In a significant move, Takaichi has named Ryosei Akazawa as the country's trade and industry minister, a role which encompasses energy matters. Akazawa, previously involved in Japan's tariff negotiations with the United States, suggests a continued collaboration with Washington, focusing on liquefied natural gas (LNG) acquisition. Plans are in motion to present a comprehensive purchase strategy to U.S. President Donald Trump during his upcoming Tokyo visit, with LNG at its core.

Despite the forward-looking energy strategies, Akazawa emphasized on Wednesday the importance of maximizing sustainable energy sources for both security and decarbonization efforts. "Restarting nuclear plants will require careful steps to ensure the support of local communities and key stakeholders," Akazawa stated.