Publication date: Jan 27, 2025 New Company Aims to Establish Offshore Wind Construction System New Company Aims to Establish Offshore Wind Construction System The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has announced that it has approved the establishment of the Floating Offshore Wind Power Construction System Technology Research Association (FLOWCON), a new corporation …
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Publication date: Jan 17, 2024 METI Promotes Direct Trading of Non-FIT Non-fossil Certificates The Ministry of Economy, Trade and Industry (METI) plans to expand the scope of direct trading of “non-FIT non-fossil certificates” (NFCs) for projects converted from Feed-In Tariff (FIT) to Feed-In Premium (FIP). METI Promotes Direct Trading of Non-FIT Non-fossil Certificates In principle, …
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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 …
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Publication date: Dec 23, 2024 New Strategic Energy Plan Prioritizes a Balanced Energy Mix 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 for 2040. Renewable energies account for the highest share at around 40-50%. Of this, solar generation …
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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: 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 …
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Publication date: Oct 28, 2024 Research Projects Accelerated Switch to PPA Business Model in PV Market Japan’s Offshore Wind Auctions Aim for Earlier Start Dates and Greater Financial Stability The Ministry of Economy, Trade and Industry (METI) proposed revising the evaluation method used when selecting operators for offshore wind power projects in designated marine areas. …
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, …
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Publication date: July 23, 2024 Aomori Prefecture Outlines Plans to Tax and Regulate Renewable Projects Earlier this year, Aomori’s governor announced that the prefecture would move forward with plans to introduce a new tax on renewable energy facilities. Last week, Aomori published a draft outline of the new rules, including the threshold for applicable renewable …
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