Publication date: March 14, 2025 JEPX Sees Higher Demand for NFCs The results of the third round of the Non-Fossil Value Trading Market for FY2024 became available in February this year. Contracted volume for Feed-in-Tariff (FIT) Non-Fossil Certificates (NFCs) increased 31.7% to 15,342.98 GWh in the Environmental Value Trading Market, a new record high. In …
Publication date: March 10, 2025 Understanding & Forecasting Wind Power Generation in Japan Understanding & Forecasting Wind Power Generation in Japan Shulman Advisory, in collaboration with Atmospheric G2, is excited to share our second mini-series article on understanding and forecasting wind power generation in Japan. While wind power’s contribution to Japan’s energy mix remains modest, …
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Publication date: March 7, 2025 METI Adds Thermal Power With CCS to Upcoming Auctions The Ministry of Economy, Trade and Industry (METI) announced at a meeting of experts that it plans to add thermal power projects with carbon dioxide capture and storage (CCS) to the next round of ‘long-term decarbonization power source auction’. The auction …
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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 …
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 …
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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 …
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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 …
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 …
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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 …
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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 …
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