Publication date: Sept 5, 2024 August 2024 Monthly Newsletter Friends and Colleagues, As we transition from one of the hottest summers on record into the slightly cooler days of September, Japan’s energy sector remains as dynamic as ever. In this month’s newsletter, we delve into the strategic developments as the country gears up for Round 4 …
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Publication date: July 8, 2024 Japan Discusses Port Challenges for Floating Offshore Wind Industry Japan’s Ministry of Land, Infrastructure, and Tourism (MLIT) recently convened a forum to address challenges related to large-scale floating offshore wind (OSW) power installations. The discussions emphasized the need for ports capable of managing the assembly and storage of floating foundations …
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Publication date: July 3, 2024 June 2024 Monthly Newsletter Friends and Colleagues, Welcome to the June edition of our monthly newsletter. This month, amidst unseasonably warm weather and the onset of Tsuyu (rainy season), we cover the government’s approval of the new Energy White Paper, progress in Japan’s floating offshore wind strategy, and take a …
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Publication date: April 28, 2024 Japan’s Domestic GHG Emissions Hit Record Low in FY2022 Last week, the Ministry of Environment (MoE) reported that Japan’s domestic greenhouse gas (GHG) emissions (minus absorptions) hit a record low in FY2022 of 1.135 billion metric tons, falling 2.5% from 1.164 billion metric tons in FY2021. This is a reduction …
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Publication date: March 15, 2024 On March 5, the Cabinet approved a bill to amend the Global Warming Countermeasures Promotion Act.Since its introduction in 1998, this bill has had a series of amendments and remains one of the key climate laws in Japan. In its current form, the law promotes environmental conservation and economic and …
Publication date: March 9, 2024 Ministry of Environment Calls for “Transformative Change” in 6th Basic Environment Strategy Draft On February 26, the Japanese Ministry of Environment (MOE) published a draft of the 6th Basic Environment Strategy. Based on the Basic Environment Act of 1993, the MOE must publish a comprehensive strategy outlining its overall and …
Publication date: Feb 23, 2024 Japan More Than Doubled New Wind Power Installations in 2023 The Japan Wind Power Association has published its wind power generation report for 2023, showing that new installations reached 572.3MW – an increase of 240% compared to 2022 when the total was 232.9MW. The increase was largely due to the …
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Publication date: Feb 16, 2024 The Japanese government is issuing Japan Climate Transition Bonds this month. The 10-year bond will go live on February 14, and the 5-year bond on the 27th. The sale is expected to raise JPY1.6 trillion, which will be used to implement the government’s Green Transformation (GX) policy. The government’s targets …
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Publication date: Jan 19, 2024 The Tokyo Metropolitan Government will introduce a new system to certify users of hydrogen produced from renewable electricity in 2024. This certification scheme is designed to incentivize the use of green hydrogen and promote its wider adoption throughout Tokyo by verifying a company’s previous year’s green hydrogen use. The Tokyo …
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Publication date: January 11, 2024 In 2023, Japan made significant strides toward its 2050 carbon-neutral goal. Achievements included:- Drafting the Basic Policy for the Realization of GX (a series of decarbonization policy measures across various sectors) Passing the GX Promotion Act Declaring floating offshore wind power and perovskite as key technologies to increase renewable energy …
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