Shulman Advisory

Japan Power Market Insights

Stay up-to-date with the latest news in the Japanese energy market

through our Insights blog, covering timely and notable occurrences in the industry

Government Announces New Offshore Wind Project Operators
Wind/Offshore Wind
January 14, 2025

The Ministry of Economy, Trade and Industry (METI) and the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) have announced the results of the “third...

New Strategic Energy Plan Prioritizes a Balanced Energy Mix
Decarbonization
December 29, 2024

The Ministry of Economy, Trade and Industry (METI) has presented a draft of the 7th Strategic Energy Plan, which includes a new energy mix outlook...

Year in review 2024 (December 2024)
Decarbonization
December 24, 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...

Japanese Carbon Farming Market Expected to Grow Twenty-Fold by 2030
Carbon Farming
December 23, 2024

Yano Research Institute released a forecast of the Japanese market for carbon farming, an agricultural method that fixes atmospheric carbon in soil and crops, based...

METI Aims for 20GW of Perovskite Solar by 2040
Solar/PV
December 17, 2024

The Ministry of Economy, Trade and Industry (METI) plans to introduce a 20 GW capacity target for perovskite, a new type of solarcell so thin...

November 2024 Monthly Newsletter: The Latest News In The Japanese Power Market
Energy
December 10, 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...

Predictions for Japan’s 7th Strategic Energy Plan: Balancing Ambitions for Decarbonization Amid Rising Demand
Decarbonization
December 4, 2024

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...

Tokyo Plans 1GW Floating Offshore Wind Power Facility
Decarbonization
November 22, 2024

Japan to consolidate solar power projects before FIT system ends The Tokyo Governor, Yuriko Koike, announced at COP29 that the Tokyo Metropolitan Government (TMG) will...

Port of Kawasaki Designated as Import Hub for Hydrogen and Ammonia
Hydrogen/Ammonia
November 18, 2024

The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has approved a development plan to import hydrogen and ammonia at the Port of Kawasaki (Kawasaki...

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

New Government Aims to Finalize Draft of “GX2040 Vision” by Year-End
Decarbonization
November 8, 2024

Japan to consolidate solar power projects before FIT system ends The new government held its first GX (Green Transformation) implementation council meeting after the inauguration...

Japan to Consolidate Solar Power Projects Before FIT System Ends
Solar/PV
November 1, 2024

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...

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