Shulman Advisory

Japan Invests in Floating Offshore Wind Technologies to Boost Global Competitiveness

Publication date: March 4, 2025 Japan Invests in Floating Offshore Wind Technologies to Boost Global Competitiveness The New Energy and Industrial Technology Development Organization (NEDO) is promoting the ‘Cost Reduction of Offshore Wind Power Generation’ project using money from its Green Innovation (GI) Fund. The project aims to expand the introduction of offshore wind power …

February 2025 Monthly Newsletter: The Latest News In The Japanese Power Market

Publication date: March 4, 2025 February 2025 Monthly Newsletter: The Latest News In The Japanese Power Market February 2025 Monthly Newsletter Friends and Colleagues, Cold weather affected Japan in February, leading to increased electricity demand. The lower temperatures pushed up heating requirements, increasing spot market prices and gas consumption – although rising solar output is a reassuring …

Demonstration Project Combines Solar Power With Grid Storage Batteries

Publication date: Feb 20, 2025 Demonstration Project Combines Solar Power With Grid Storage Batteries Kyuden Mirai Energy, a Kyushu EPCo subsidiary, has announced that it will conduct a demonstration operation of grid storage batteries in conjunction with solar power generation facilities in Omura City, Nagasaki Prefecture, in FY2025. The company will verify a scheme in …

Harnessing Weather Intelligence for Renewables to Optimize Asset Performance in Japan: Solar

Publication date: Feb 25, 2025 Harnessing Weather Intelligence for Renewables to Optimize Asset Performance in Japan: Solar Harnessing Weather Intelligence for Renewables to Optimize Asset Performance in Japan: Solar Shulman Advisory, in collaboration with Atmospheric G2, is excited to share our latest article on the role of weather intelligence in optimizing solar asset performance in …

METI Increases Support for Roof Based Solar Panels

Publication date: Feb 14, 2025 METI Increases Support for Roof Based Solar Panels The Ministry of Economy, Trade and Industry (METI) has announced a new FIT (Feed-in Tariff) procurement price and FIP (Feed-in-Premium) base price for FY2025 and beyond. Under METI’s new plan, the investment support for installing solar panels on the roofs of factories …

Government Awards Subsidies to Help Establish Floating Offshore Wind Supply Chain

Publication date: Feb 8, 2025 Government Awards Subsidies to Help Establish Floating Offshore Wind Supply Chain Government Awards Subsidies to Help Establish Floating Offshore Wind Supply Chain The Ministry of Economy, Trade, and Industry (METI) announced that five companies, including Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) and Nippon Steel Engineering, have been selected …

January 2025 Monthly Newsletter: The Latest News In The Japanese Power Market

Publication date: Feb 6, 2025 January 2025 Monthly Newsletter Friends and Colleagues, January 2025 Monthly Newsletter: The Latest News In The Japanese Power Market Recently, the European Union’s Copernicus Climate Change Service released a study showing that the global average temperature in 2024 was 1.6 degrees Celsius higher than in the pre-industrial era and that it is highly likely …

TEPCO PG Predicts Its First Electricity Curtailment

Publication date: Feb 5, 2025 TEPCO PG Predicts Its First Electricity Curtailment TEPCO PG Predicts Its First Electricity Curtailment Tokyo Electric Power Company Power Grid (TEPCO PG) has forecast that it may have to curtail a small proportion of its renewable energy output for the first time in FY2025 based on the priority power supply …

New Company Aims to Establish Offshore Wind Construction System

Publication date: Jan 27, 2025 New Company Aims to Establish Offshore Wind Construction System New Company Aims to Establish Offshore Wind Construction System The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has announced that it has approved the establishment of the Floating Offshore Wind Power Construction System Technology Research Association (FLOWCON), a new corporation …

METI Promotes Direct Trading of Non-FIT Non-fossil Certificates

Publication date: Jan 17, 2024 METI Promotes Direct Trading of Non-FIT Non-fossil Certificates The Ministry of Economy, Trade and Industry (METI) plans to expand the scope of direct trading of “non-FIT non-fossil certificates” (NFCs) for projects converted from Feed-In Tariff (FIT) to Feed-In Premium (FIP). METI Promotes Direct Trading of Non-FIT Non-fossil Certificates In principle, …