Japan will use nuclear reactors and renewables to reduce dependence on Russian energy, PM says

Japanese Prime Minister Fumio Kishida

© APA | Japanese Prime Minister Fumio Kishida

# 05 May 2022 15:56 (UTC +04:00)

Japan will diversify energy procurement, utilizing nuclear reactors and renewables to reduce its dependence on Russian energy, said Japanese Prime Minister Fumio Kishida in a speech Thursday in London's financial district, APA reports citing CNN.

Kishida promised to accelerate innovation and said 150 trillion yen (about $1.15 trillion USD) in investment would be raised in the next decade to meet energy needs and make the most of pro-growth carbon pricing.

Kishida said that Japan’s economy would continue to grow and urged people to invest in it.

Later today, Kishida will meet with British Prime Minister Boris Johnson; the two are expected to discuss the situation in Ukraine.

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