Shulman Advisory

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, …

Government Announces New Offshore Wind Project Operators

Publication date: Jan 14, 2024 Government Announces New Offshore Wind Project Operators The Ministry of Economy, Trade and Industry (METI) and the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) have announced the results of the “third round” of public bidding for offshore wind power projects off the coasts of Aomori Prefecture (southern side of …

New Strategic Energy Plan Prioritizes a Balanced Energy Mix

Publication date: Dec 23, 2024 New Strategic Energy Plan Prioritizes a Balanced Energy Mix The Ministry of Economy, Trade and Industry (METI) has presented a draft of the 7th Strategic Energy Plan, which includes a new energy mix outlook for 2040. Renewable energies account for the highest share at around 40-50%. Of this, solar generation …

METI Aims for 20GW of Perovskite Solar by 2040

Publication date: Dec 17, 2024 METI Aims for 20GW of Perovskite Solar by 2040 The Ministry of Economy, Trade and Industry (METI) plans to introduce a 20 GW capacity target for perovskite, a new type of solarcell so thin that it can be bent, by FY2040. This is equivalent to the electricity consumption of approximately …

November 2024 Monthly Newsletter: The Latest News In The Japanese Power Market

Publication date: Dec 9, 2024 November 2024 Monthly Newsletter Friends and Colleagues, November 2024 Monthly Newsletter World leaders gathered in November to discuss measures to curb global warming at the COP29 in Azerbaijan, with mixed results. During the summit, Tokyo’s governor Koike announced plans for a 1GW offshore floating wind power project near the Izu Islands, …

Predictions for Japan’s 7th Strategic Energy Plan: Balancing Ambitions for Decarbonization Amid Rising Demand

Publication date: Dec 4, 2024 Predictions for Japan’s 7th Strategic Energy Plan: Balancing Ambitions for Decarbonization Amid Rising Demand The Strategic Energy Plan (SEP) is a medium to long-term strategy established by the Japanese government led primarily by the Ministry of Economy, Trade and Industry (METI), to outline the fundamental direction of its energy policy. …

Tokyo Plans 1GW Floating Offshore Wind Power Facility

Publication date: Nov 22, 2024 Japan to consolidate solar power projects before FIT system ends Tokyo Plans 1GW Floating Offshore Wind Power Facility The Tokyo Governor, Yuriko Koike, announced at COP29 that the Tokyo Metropolitan Government (TMG) will develop a floating offshore wind power generation facility with a total output of 1GW. The floating facility …

Port of Kawasaki Designated as Import Hub for Hydrogen and Ammonia

Publication date: Nov 18, 2024 Port of Kawasaki Designated as Import Hub for Hydrogen and Ammonia Port of Kawasaki Designated as Import Hub for Hydrogen and Ammonia The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has approved a development plan to import hydrogen and ammonia at the Port of Kawasaki (Kawasaki City). The Kawasaki …