Publication date: July 29, 2024 Hydrogen, Ammonia Support Schemes Likely to Accept Applications From August Japan’s Ministry of Economy Trade and Industry (METI) and the Agency for Natural Resources Energy (ANRE) announced that they may start accepting applications for funding that will support hydrogen and ammonia suppliers, as early as next month. They will also …
Continue reading “Hydrogen, Ammonia Support Schemes Likely to Accept Applications From August”
Publication date: July 23, 2024 Aomori Prefecture Outlines Plans to Tax and Regulate Renewable Projects Earlier this year, Aomori’s governor announced that the prefecture would move forward with plans to introduce a new tax on renewable energy facilities. Last week, Aomori published a draft outline of the new rules, including the threshold for applicable renewable …
Continue reading “Aomori Prefecture Outlines Plans to Tax and Regulate Renewable Projects”
Publication date: July 12, 2024 METI Beefs up Second Decarbonization Auction Japan’s Ministry of Economy, Trade, and Industry (METI) and the Agency for Natural Resources and Energy (ANRE) are preparing for a second long-term decarbonization power auction (LTDA), with several changes announced. The auction is designed to promote investment in new flexible carbon-free and low-carbon …
Continue reading “METI Beefs up Second Decarbonization Auction”
Publication date: July 8, 2024 Japan Discusses Port Challenges for Floating Offshore Wind Industry Japan’s Ministry of Land, Infrastructure, and Tourism (MLIT) recently convened a forum to address challenges related to large-scale floating offshore wind (OSW) power installations. The discussions emphasized the need for ports capable of managing the assembly and storage of floating foundations …
Continue reading “Japan Discusses Port Challenges for Floating Offshore Wind Industry”
Publication date: July 3, 2024 June 2024 Monthly Newsletter Friends and Colleagues, Welcome to the June edition of our monthly newsletter. This month, amidst unseasonably warm weather and the onset of Tsuyu (rainy season), we cover the government’s approval of the new Energy White Paper, progress in Japan’s floating offshore wind strategy, and take a …
Continue reading “June 2024 Monthly Newsletter: The Latest News In The Japanese Power Market”
Publication date: July 4, 2024 Japan Power Industry Developments of the First Half of 2024 We are pleased to present our “Japan Power Market Industry Highlights for the First Half of 2024.” This report offers a comprehensive overview of pivotal events and advancements in Japan’s renewable energy sector from January to June, including key milestones, …
Continue reading “Japan Power Industry Developments of the First Half of 2024”
Publication date: June 21, 2024 Cornwall Insight and Shulman Advisory Announce New Partnership to Advance Japan’s Net Zero Journey Shulman Advisory’s Strategic Partnership with Cornwall Insight Shulman Advisory is delighted to announce a new strategic partnership with Cornwall Insight aimed at advancing Japan’s journey towards net zero. Bringing together Cornwall Insight’s strong presence in dynamic …
Continue reading “Cornwall Insight and Shulman Advisory Announce New Partnership”
Publication date: June 21, 2024 Japan to Apply Long-Awaited Hydrogen Promotion Law From This Summer This summer, Japan’s Ministry of Economy, Trade, and Industry (METI) and the Agency for Natural Resources and Energy (ANRE) will begin enforcing the Hydrogen Society Promotion Law. This new legislation lays out essential “decision criteria” for hydrogen and ammonia supply …
Continue reading “Japan to Apply Long-Awaited Hydrogen Promotion Law”
Publication date: June 14, 2024 Japan Cuts Red Tape in Effort to Create Green Hub in Sapporo On June 4, the Japanese Financial Services Agency designated Sapporo, Hokkaido, as a “Financial and Asset Management Special Zone” to help encourage green investment. The region had asked for the rules around green transition (GX) policies to be …
Continue reading “Japan Cuts Red Tape in Effort to Create Green Hub in Sapporo”
Publication date: June 7, 2024 Joint Public-Private Council to Develop Commercialization Strategy for Next-Gen Solar On 29 May, Japan’s Ministry for Economy, Trade and Industry (METI) and Agency for Natural Resources and Energy (ANRE) convened the first meeting of the “Public-Private Council for the Expansion of Next-Generation Solar Cells and Strengthening of Industrial Competitiveness”. Chaired …
