Publication date: Dec 9, 2024 November 2024 Monthly Newsletter Friends and Colleagues, 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, which will be the biggest …
Continue reading “November 2024 Monthly Newsletter: The Latest News In The Japanese Power Market”
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 13, 2024 October 2024 Monthly Newsletter Friends and Colleagues, The beginning of autumn came with a change in the political environment. A new government was formed on 1 October, and the newly elected prime minister Ishiba is generally regarded as having a positive stance toward decarbonization and the introduction of renewable energy. In this month’s …
Continue reading “October 2024 Monthly Newsletter: The Latest News In The Japanese Power Market”
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 …
Continue reading “New Government Aims to Finalize Draft of “GX2040 Vision” by Year-End”
Publication date: Nov 1, 2024 Japan to consolidate solar power projects before FIT system ends Japan to Consolidate Solar Power Projects Before FIT System Ends The Ministry of Economy, Trade and Industry (METI) has presented a draft policy for the government to certify operators who will be responsible for the consolidation of solar panel projects. …
Continue reading “Japan to Consolidate Solar Power Projects Before FIT System Ends”
Publication date: Oct 28, 2024 Research Projects Accelerated Switch to PPA Business Model in PV Market Japan’s Offshore Wind Auctions Aim for Earlier Start Dates and Greater Financial Stability The Ministry of Economy, Trade and Industry (METI) proposed revising the evaluation method used when selecting operators for offshore wind power projects in designated marine areas. …
Publication date: Oct 28, 2024 Japan to Expand Geothermal Development With Increased Government Role in Exploration Phase The Japanese government plans to include measures to promote geothermal energy in an update to its Basic Energy Plan, to be carried out by the end of the financial year. The new plan aims to expand the role …
Publication date: Oct 11, 2024 Govt Pushes Grid Recharging for FIP Storage Batteries Govt Pushes Grid Recharging for FIP Storage Batteries The Ministry of Economy, Trade and Industry (METI) is introducing further measures to encourage the transition of renewable energy projects from the Feed-in-Tariff (FIT) system introduced in 2012 to the Feed-in-Premium (FIP) system. In …
Continue reading “Govt Pushes Grid Recharging for FIP Storage Batteries”
Publication date: Oct 11, 2024 Research Projects Accelerated Switch to PPA Business Model in PV Market Research Projects Accelerated Switch to PPA Business Model in PV Market Yano Research Institute has released an analysis of the current status of Japan’s PV market along with an outlook to 2030. The estimated installed PV capacity in Japan …
Continue reading “Research Projects Accelerated Switch to PPA Business Model in PV Market”
Publication date: Oct 2, 2024 September 2024 Monthly Newsletter Friends and Colleagues, The intense summer heat in Japan has continued into September, draining LNG inventories – although the promise of cooler days ahead should provide some temporary relief from high power demand through October and November. In this month’s newsletter, we explore the follow-up discussions …
Continue reading “September 2024 Monthly Newsletter: The Latest News In The Japanese Power Market”
