Shulman Advisory

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

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 …

New Government Aims to Finalize Draft of “GX2040 Vision” by Year-End

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 …

Japan to Consolidate Solar Power Projects Before FIT System Ends

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. …

Japan’s Offshore Wind Auctions Aim for Earlier Start Dates and Greater Financial Stability

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. …

Japan to Expand Geothermal Development With Increased Government Role in Exploration Phase

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 …

Govt Pushes Grid Recharging for FIP Storage Batteries

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 …

Research Projects Accelerated Switch to PPA Business Model in PV Market

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 …

September 2024 Monthly Newsletter: The Latest News In The Japanese Power 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 …

Japan to Formulate an Effective Recycling System for Solar Panels

Publication date: Sept 27, 2024  Japan to Formulate an Effective Recycling System for Solar Panels Japan to Formulate an Effective Recycling System for Solar Panels Japan has started discussions to design a recycling system for solar panels at the Solar Power Generation Equipment Recycling Working Group led by the Ministry of Economy, Trade and Industry …

Japan’s Master Plan for Cross-Regional Grid Coordination to Be Reviewed Amid Growing Power Demand

Publication date: Sept 20, 2024 Japan’s Master Plan for Cross-Regional Grid Coordination to Be Reviewed Amid Growing Power Demand Japan’s Master Plan for Cross-Regional Grid Coordination to Be Reviewed Amid Growing Power Demand The Ministry of Economy, Trade and Industry (METI) and the Agency for Natural Resources and Energy (ANRE) intend to consider reviewing the …