Decarbonizing technologies to dictate country competitiveness

Renewable energy system estimated to require $1.6tn of investment by 2030

20201211 power-generating windmill turbines

Shifting to a power system centered on renewable energy is estimated to require investment totaling $1.6 trillion -- four times current levels -- until 2030.

HIROFUMI MATSUO, Nikkei senior staff writer

TOKYO -- The spread of COVID-19 has changed our lives.

More people work from home. What used to require an air trip to London or New York now is done using online conferencing. Even after the coronavirus crisis is over, we will not return to the way we worked before it.

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