Japan Solar Update: No.30 (Jan 30 ~ Feb 3, 2023)
The 47th meeting of the Subcommittee for Large-volume Introduction of Renewable Energy and Next Generation Electricity Network was held on Dec. 6, 2022.
<Key Points>
- The Ministry of Economy, Trade and Industry (METI) presented the direction of renewable energy policies toward rebuilding stable energy supply. Immediate measures include supports to introduce storage batteries in combination with renewable energy
- Medium- to long-term measures include promoting the efforts to expand introduction of stationary storage batteries and supporting prompt social implementation of next-generation solar cells
- As for the charges on the power producer side, FIT/ FIP projects that are already approved will be subject to the charging after the completion of the purchase period
Immediate measures: Stabilization of renewable energy output
Conversion to a decarbonized system to secure dispatching ability, cost recovery concept, etc.
Balancing the charging on the power producer side with renewable energy introduction
| New FIT/ FIP | Shall be considered when calculating purchase price, etc. |
|---|---|
|
Already approved FIT/ FIP* |
Shall be subject to the charging on the power producer side after the completion of the purchase period, etc. |
| Non-FIT/ post FIT | Promoting originality of business operators (bilateral agreement, etc.) and driving thorough and smooth shifting of costs |
*Including successful bids of the fiscal year prior to the fiscal year of introduction (FY 2024) of the charge on the power producer side
Pumped storage power generation and storage batteries will be charged only by kW and exempted from by kWh
Figure 1: Summary of discussions on the direction of renewable energy policies and the next generation power network
Source: Materials of the 47th meeting of the Subcommittee for Large-volume Introduction of Renewable Energy and Next Generation Electricity Network (December 6, 2022), compiled by RTS Corporation