Shulman Advisory

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 …

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

Publication date: Oct 2, 2024 September 2024 Monthly Newsletter Friends and Colleagues, The intense summer heat in Japan has continued into September, draining LNG inventories – although the promise of cooler days ahead should provide some temporary relief from high power demand through October and November. In this month’s newsletter, we explore the follow-up discussions …

Japan’s Master Plan for Cross-Regional Grid Coordination to Be Reviewed Amid Growing Power Demand

Publication date: Sept 20, 2024 Japan’s Master Plan for Cross-Regional Grid Coordination to Be Reviewed Amid Growing Power Demand Japan’s Master Plan for Cross-Regional Grid Coordination to Be Reviewed Amid Growing Power Demand The Ministry of Economy, Trade and Industry (METI) and the Agency for Natural Resources and Energy (ANRE) intend to consider reviewing the …

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

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 …

The Impact of Temperature and Weather on Japan’s Wholesale Electricity Market

Publication date: Aug 30, 2024 The Impact of Temperature and Weather on Japan’s Wholesale Electricity Market Temperature and climate change significantly influence Japan’s wholesale electricity market.  Temperature fluctuations, such as hot summers and cold winters, impact electricity demand due to the increased use of heating and cooling systems, which in turn influences market prices. Weather …

JEPX Introduces Tracking Information for All Non-Fossil Certificates

Publication date: Aug 30, 2024 JEPX Introduces Tracking Information for All Non-Fossil Certificates The full tracking of all Non–Fossil Certificates (NFCs) began earlier this month at the first NFC auction of the fiscal year. Traded via the Japan Electric Power Exchange (JEPX), all NFCs will now include information such as the type of power generation, …

Japan’s GX League Forms Working Groups for “Market Rule-Making” Initiative

Publication date: Aug 16, 2024 Japan’s GX League Forms Working Groups for “Market Rule-Making” Initiative Japan’s “Green Transformation” initiative, “the GX League” has announced the formation of three key Working Groups as part of its 2024 Market Rule Formation Forum: GX Product Social Implementation Promotion WG: This group, led by the Ministry for Economy, Trade …

Japan to Provide Incentives for Industry in Regions With Decarbonized Power

Publication date: Aug 13, 2024 Japan to Provide Incentives for Industry in Regions With Decarbonized Power The Japanese government will promote industrial clustering in regions with more decarbonized power sources such as renewable energy and nuclear power, by offering corporate tax incentives and subsidies. This vision was presented during the GX2040 Leaders Panel, an expert …