Japan’s energy market has transformed dramatically over the past decade. In 2005, as much as 25 percent of the country’s energy was produced from nuclear power. However, after 2011’s Fukushima Daiichi nuclear disaster, Japan started to move away from nuclear energy – and since September 2013 has been nuclear-free.
With virtually no onshore natural resources, Japan now relies heavily on imported energy, and is the world’s largest importer of LNG, the second largest importer of coal, and the third largest importer of oil.
In this context, it’s not surprising that some of our longest-standing customers are engineering companies that are headquartered in Japan, but participate in oil and gas projects in other regions – especially the Middle East and Australia. The offshore market is also making steady gains. Many Japanese shipbuilders are expanding into FPSO vessels, drill ships, tankers, and offshore support vessels – a market traditionally dominated by their Korean counterparts.
Meanwhile, the Japanese chemical plant market has grown rapidly over the past half century – the country is the third largest producer of chemicals in the world – and we expect this to continue. To read about how CosmoTechnica is using our EYECAD software to design chemical plants in Japan, download this case study.
For a quick snapshot of our footprint in Japan, please click on the infographic above.