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Methane hydrates: Japan's shale gas or political distraction?


Methane hydrates: Japan's shale gas or political distraction?

Report summary

Japan is moving forward with plans for new methane hydrates tests in 2015, and the Japanese government has set a target to commercialise its methane hydrates resources between 2023 and 2027. Post the 2011 Fukushima nuclear disaster, the Japanese government has intensified efforts to develop alternative energy sources, including the promotion of methane hydrates as part of its energy policy. However, its ambitious commercialisation target is at risk of being missed.

What's included?

This report includes 1 file(s)

  • Methane hydrates: Japan's shale gas or political distraction? PDF - 466.51 KB 5 Pages, 0 Tables, 3 Figures

Description

This Macroeconomics and Global Trends Insight report presents our research on this key topic, and draws out the implications for economies and commodity markets.

This report delivers a clear understanding of our unique global economic outlook and identify risks and uncertainties to watch out for.

Wood Mackenzie's global trends and macroeconomic analysis underpins all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.

Our comprehensive understanding of commodity markets gives us a unique insight into the pace of global development and the risks associated with it.

  • Executive Summary
    • Japan - world leader in methane hydrates research and development
    • Meeting the commercialisation deadline will be challenging
    • Technology must advance quickly, but with little funding
    • Greater understanding of environmental impact of extraction required
    • Costs need to fall significantly
    • Is Japan spending enough?
  • Conclusion

In this report there are 3 tables or charts, including:

  • Executive Summary
    • Map: Countries actively undertaking R&D activity to develop their methane hydrate resources
    • Japan's methane hydrates resource commercialisation timeline
    • Chart 1: Japan's fuel import costs for power generation 2011 - 2014
  • Conclusion
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