On November 8, the expert working group on GX policy implementation met to discuss the government’s investment strategies for the battery and mobility sectors. The meeting was one of several that the committee has held to formulate ways to practically implement the GX Promotion Act that was passed earlier this year. (Read more about the GX …
On October 16-18, METI, MOFA, and the US Department of State held the second annual Japan-US Energy Security Dialogue in Palo Alto, California. Expressing serious concerns about the global energy and commodity market shocks triggered by Russia’s war against Ukraine, both countries reiterated the importance of continuing their energy partnership. Building on the agreement at the G7 …
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As the winter heating season approaches, Japan remains focused on building its decarbonisation strategy. The “Tokyo GX Week” – a series of intensive international energy and environmental conferences – concluded on October 5th. Ten meetings were held, including gatherings of ministers from various countries, and more than 8,000 participants actively exchanged opinions on achieving net-zero …
Continue reading “October Newsletter: The Latest News In The Japanese Power Market”
In its hydrogen strategy revised in June, the Japanese government stated its aim to increase the supply of hydrogen and ammonia in Japan from 2 million tons to 3 million tons by 2030, 12 million tons by 2040, and finally to 20 million tons by 2050. To help achieve this, METI has been planning a contract …
Continue reading “Japan considers hydrogen/ammonia CfD qualification criteria; avoids emission caps”
METI’s Agency for Natural Resources and Energy (ANRE) has proposed new measures to reduce the curtailment of renewable energy, which has been on the increase across Japan. The preliminary plan tackles the issue from three perspectives: demand-side, supply-side, and grid reinforcement, and will likely be finalized by the end of the year. The plan includes: …
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Revised Japanese ‘SHK’ greenhouse gas reporting system to come into effect in April 2024 In an effort to accurately account for emissions, the Act on Promotion of Global Warming Countermeasures states that Japanese companies are required to report their greenhouse gas emissions using the Greenhouse Gas Emissions Accounting, Reporting and Disclosure System – also known …
Continue reading “New SHK System Rules Effective April 2024”
In our latest blog post, we take a closer look at the second round of offshore wind auctions, the GX Promotion Law that just passed the Lower House, updates on the Hydrogen Basic Strategy, and Japan’s largest battery storage facility starting up in Hokkaido as a demonstration project aimed at resolving the nation’s grid constraints. …
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Japan’s 2030 environmental goals and the preliminary energy mix proposal that came with them are pushing for an increase of solar PV generation to 15% of the nation’s power, versus 7% in the previous plan. In Japan, the bottleneck for developing mega-solar PV plants is securing the land. Developers have therefore been eyeing the agrivoltaic …
Continue reading “Overview of the Agrivoltaic Industry in Japan”
Japan’s interest in carbon capture, usage, and storage technology (CCUS) is fueled by its commitment to net carbon neutrality by 2050 and its desire to keep thermal power generation assets online to provide reliable baseload power. The Japanese government expects CCUS technology to be available for some applications as soon as 2030 and widely used …
Continue reading “CCUS, a Technological Gamble for Japan’s Decarbonization Goals”
In some of Japan’s T&D areas, the development and optimal use of renewable assets are constrained by a lack of grid capacity. But rather than forbidding the connection of newly developed assets, the TSOs have offered them non-firm transmission contracts. This allows the new power sources to connect to the grid and use capacity at …
Continue reading “Non-firm contracts and the reform of the curtailment priority order”
