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Editorial

Renewable energy takes off in Japan

Like many other countries, Japan has decided to reform its renewable energy (RE) policy, to dramatically increase the use of renewable energy. The core policy mechanism is a feed-in tariff (FIT). This chapter summarises the contemplated Japanese FIT and its practical impact on existing and future investment in this sector, providing an overview of:

Existing renewable energy policy, summarising:

  • the RPS Act; . government subsidies;
  • the credit scheme: Green Power Certificates.

Recent developments, including the:

  • expected amount of introduction of RE and market size;
  • implementation schedule;
  • relationship with existing policies.

How RE practice will change, summarising the practical short or medium-term impacts on existing and new projects, and the long-term considerations relating to the grid system stabilisation.

 

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First published in Practical Law Company November 2010 "Renewable energy takes off in Japan" www.practicallaw.com Author: Takeshi Mukawa


For more information please visit www.mhmjapan.com

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