Publication date: April 6, 2025. Renewable Energy Levy Increases to JPY 3.98 per kWh Renewable Energy Levy Increases to JPY 3.98 per kWh The Ministry of Economy, Trade and Industry (METI) announced that the renewable energy levy for FY2025, imposed on electricity prices under the Feed-in-Tariff (FIT) and Feed-in-Premium (FIP) schemes, will increase by JPY …
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Publication date: April 2, 2025 March 2025 Monthly Newsletter: The Latest News In The Japanese Power Market March 2025 Monthly Newsletter Friends and Colleagues, On March 11, it will be 14 years since the Great East Japan Earthquake. The government continues to push ahead with the restart of nuclear power plants, and this trend is expected …
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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 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 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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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 …
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Publication date: Dec 23, 2024 As 2024 draws to a close, we’ve taken stock of some of the key developments shaping Japan’s energy market this year. While progress continues, there’s still much work to be done to achieve the nation’s ambitious decarbonization goals. Read the full article below to uncover the key developments and milestones …
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, …
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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. …
Publication date: Nov 8, 2024 Japan to consolidate solar power projects before FIT system ends New Government Aims to Finalize Draft of “GX2040 Vision” by Year-End The new government held its first GX (Green Transformation) implementation council meeting after the inauguration of Prime Minister Ishiba’s administration. At the meeting, the government outlined plans to accelerate …
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