The recent auction for 107MW of PV capacity saw only 33.6MW awarded, signaling an undersubscription. Amongst the winners of the 22 projects are Renewable Japan, Hexa, Trina and Daiwa House. The bids went from 5¥/kWh to 9.13¥/kWh. Of the 22 projects, only one is to be connected to the SHV grid with a capacity of […]
Highlights from the 21st FIP PV Auction: Read More »
On August 7th, METI announced potential adjustments to curtailment rules for renewable assets under FIT and FIP programs. Starting FY2026, curtailment would apply first to FIT assets over FIP assets, specifically for PV, Wind, and Biomass. This shift could lead to higher curtailment rates for FIT assets, with the savings redirected to FIP assets through
FIP assets to see improved returns in Japan Read More »
Last week, Logitech’s CEO, Hanneke Faber, addressed the significant challenges that companies encounter when attempting to reduce their environmental footprint. While procuring renewable energy and utilizing recycled materials are essential steps, achieving “zero carbon” goals requires more substantial changes, including reducing physical production. This often means designing products that focus on essential customer needs, with
Not ready for truly sustainable business strategy Read More »
Starting in April 2024, generation assets in Japan that are not under a FIT or a FIP obtained before this deadline must pay generator wheeling charges (発電側課金) to their regional grid operator. These charges consist of a basic charge (~90 ¥/kW/month) and an energy charge (~0.3 ¥/kWh). However, a discounted rate applies to the basic
On Generator wheeling charges and PPAs in Japan Read More »
Forecasting long-term JEPX prices has become imperative for numerous market players. Renewable asset developers negotiate 20-year corporate PPA agreements, large consumers must adjust their energy procurement strategies, and BESS developers strive to comprehend the revenue aspects of their projects, to name a few. An increasing number of service providers offer forecasting solutions specifically tailored for
Japan long term power prices and volatility could remain high Read More »
INSIGHTS Hydrogen cannot be Japan’s silver bullet in its decarbonization efforts Japan is betting on Hydrogen to be a major contributor to its 2050 environmental goals. METI has a target of 10% of its power mix to be covered by power plants firing hydrogen/ammonia in 2050 and is also expecting hydrogen to be used for mobility
Hydrogen cannot be Japan’s silver bullet in its decarbonization efforts Read More »
INSIGHTS Japan is missing an opportunity to promote energy savings With rising energy prices Japan seems to have forgotten its decarbonization goals and is missing on an opportunity to promote energy savings. In April 2021 prime minister Suga announced his target of reducing CO2 emissions by 46% compared to 2013 levels. If the number “46%”
Japan is missing an opportunity to promote energy savings Read More »
INSIGHTS Coal as the next energy for mobility in China Traditionally coal is the energy of power (and heat to some measure) while oil is the energy of mobility. From a physical perspective this is a consequence of the higher energy density per volume of oil. However, energy security is a main concern in countries
Coal as the next energy for mobility in China Read More »
INSIGHTS Making it to a 2.0°C world will likely require a global reduction in consumption Plotting the global CO2 emissions since 1850 and comparing them to IPCC data shows that to have an 83% chance to stay below a 2.0°C global warming path global emissions must be divided by ~4 in the next 30
On the necessity of reducing our consumption Read More »
INSIGHTS Japan Hydrogen strategy and its environmental impact Japan pledged to be a net-zero carbon emission country by 2050 and made hydrogen and ammonia technology and supply chain one of the pillars of its environmental strategy. In 2021 METI revised its Hydrogen Strategy, building on its originally published “Green Growth Strategy”. Japan is planning to
Japan Hydrogen strategy and its environmental impact Read More »
