Shulman Advisory

The Role of LNG in Japan’s Energy Transition and Upcoming GX-ETS Impacts

Publication date: Dec 1, 2025  The Role of LNG in Japan’s Energy Transition and Upcoming GX-ETS Impacts Despite the Japanese government’s recent push to significantly increase the share of renewable energy in the energy mix, Japan still relies heavily on thermal power (natural gas, coal, and oil) for about 70% of total generation. Among the …