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 …

Japan’s Offshore Wind Auctions Aim for Earlier Start Dates and Greater Financial Stability

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. …

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, …

Aomori Prefecture Outlines Plans to Tax and Regulate Renewable Projects

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 …