Solar cell makers are expected to increase sales in Japan as the government
struggles to reduce atmospheric pollution.
Despite efforts to clean up industry and transport in the home of the
Kyoto
Protocol, environmental officials predicted last week that the country will
exceed its original target for greenhouse gas emissions by more than 170 million
tonnes by 2010.
This would mean the country missing its obligations under the Kyoto Protocol
by 20 to 34 million tonnes, the government admitted.
As a core signatory to the Kyoto Protocol, Japan is committed to steady
reductions in its output of greenhouse gases.
As part of its plan to meet these targets, the government is encouraging the
adoption of non-polluting renewable energy sources such as solar and wind power.
The government originally planned to seek annual reductions of 2.6 million
tonnes of carbon dioxide output by using solar cells.
However, in view of the disappointing results so far, analysts from
Nomura
Securities' Financial & Economic Research Center in Tokyo now believe
that the authorities are likely to call for a greater pollution reduction from
solar energy.
Compared to traditional methods of generating electricity, one square metre
of solar cells will provide a reduction in greenhouse gas emissions of
approximately four tonnes over an average 20-year lifespan.
The government's original pollution reduction target of 2.6 million tonnes of
carbon dioxide would require at least 13 square kilometres of new solar cells
nationwide, costing at least $763m.
However, crystalline silicon, a key material used in the most common solar
cells, is in short supply. This shortage is increasing demand for thin-film
solar cells, which do not rely on crystalline silicon, but are four times more
expensive.
"If other countries take major steps to reduce greenhouse gas emissions by
using solar cells, we think it would encourage the construction of thin-film
production facilities as it is easy to expand them," said Nomura analyst Tetsuya
Wadaki.
Do you agree?
Have your say on this article