Publication date: April 6, 2025. Renewable Energy Levy Increases to JPY 3.98 per kWh Renewable Energy Levy Increases to JPY 3.98 per kWh The Ministry of Economy, Trade and Industry (METI) announced that the renewable energy levy for FY2025, imposed on electricity prices under the Feed-in-Tariff (FIT) and Feed-in-Premium (FIP) schemes, will increase by JPY …
Continue reading “Renewable Energy Levy Increases to JPY 3.98 per kWh”
Publication date: April 2, 2025 March 2025 Monthly Newsletter: The Latest News In The Japanese Power Market March 2025 Monthly Newsletter Friends and Colleagues, On March 11, it will be 14 years since the Great East Japan Earthquake. The government continues to push ahead with the restart of nuclear power plants, and this trend is expected …
Continue reading “March 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 …
Continue reading “February 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 …
Continue reading “January 2025 Monthly Newsletter: The Latest News In The Japanese Power Market”
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 …
Continue reading “Government Announces New Offshore Wind Project Operators”
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 …
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 …
Continue reading “Japanese Carbon Farming Market Expected to Grow Twenty-Fold by 2030”
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 …
Continue reading “METI Aims for 20GW of Perovskite Solar by 2040”
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, …
Continue reading “November 2024 Monthly Newsletter: The Latest News In The Japanese Power Market”
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 …
Continue reading “Tokyo Plans 1GW Floating Offshore Wind Power Facility”
