Shulman Advisory

February 2025 Monthly Newsletter: The Latest News In The Japanese Power Market

Publication date: March 4, 2025 February 2025 Monthly Newsletter: The Latest News In The Japanese Power Market February 2025 Monthly Newsletter Friends and Colleagues, Cold weather affected Japan in February, leading to increased electricity demand. The lower temperatures pushed up heating requirements, increasing spot market prices and gas consumption – although rising solar output is a reassuring …

January 2025 Monthly Newsletter: The Latest News In The Japanese Power Market

Publication date: Feb 6, 2025 January 2025 Monthly Newsletter Friends and Colleagues, January 2025 Monthly Newsletter: The Latest News In The Japanese Power Market Recently, the European Union’s Copernicus Climate Change Service released a study showing that the global average temperature in 2024 was 1.6 degrees Celsius higher than in the pre-industrial era and that it is highly likely …

Government Announces New Offshore Wind Project Operators

Publication date: Jan 14, 2024 Government Announces New Offshore Wind Project Operators 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 round” of public bidding for offshore wind power projects off the coasts of Aomori Prefecture (southern side of …

Year in review 2024 (December 2024)

Publication date: Dec 23, 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 still much work to be done to achieve the nation’s ambitious decarbonization goals. Read the full article below to uncover the key developments and milestones …

Japanese Carbon Farming Market Expected to Grow Twenty-Fold by 2030

Publication date: Dec 23, 2024 Japanese Carbon Farming Market Expected to Grow Twenty-Fold by 2030 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 on a survey of trends. JPY396 million is expected for the market in FY2024, based …

METI Aims for 20GW of Perovskite Solar by 2040

Publication date: Dec 17, 2024 METI Aims for 20GW of Perovskite Solar by 2040 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 that it can be bent, by FY2040. This is equivalent to the electricity consumption of approximately …

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

Publication date: Dec 9, 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 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, …

Tokyo Plans 1GW Floating Offshore Wind Power Facility

Publication date: Nov 22, 2024 Japan to consolidate solar power projects before FIT system ends Tokyo Plans 1GW Floating Offshore Wind Power Facility The Tokyo Governor, Yuriko Koike, announced at COP29 that the Tokyo Metropolitan Government (TMG) will develop a floating offshore wind power generation facility with a total output of 1GW. The floating facility …

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 …

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 …