Under the Act on Promoting the Utilization of Sea Areas for the Development of Marine Renewable Energy Power Generation Facilities (Act No. 89 of 2018; the “Offshore Renewable Energy Act”), enforced on April 1, 2019, offshore...more
4/29/2021
/ Clean Energy ,
Energy Policy ,
Energy Projects ,
Energy Reform ,
Infrastructure ,
Japan ,
Offshore Wind ,
Power Grid ,
Regulatory Agenda ,
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Wind Power
The Nullification Rule and the Feed-in Premium (FIP) system, which will have significant impact on Japan’s renewable market, have recently received further clarification. Both instruments, as reported in our Japan Renewable...more
As discussed in our Japan Renewable Alert 49, the Ministry of Economy, Trade and Industry (“METI”) announced the draft outline of the amendments to regulations regarding the arrangements for the Nullification Rule (effective...more
I. The Details of the Nullification System and the Amendments to the Operational Practices (Stricter Policy on Detached-Site Projects) -
1. Current Status of the Nullification System -
As we reported in our Japan Renewable...more
1. Amendment to the FIT Act -
“The Bill of the Act to Partially Amend the Electricity Business Act and Other Acts in Order to Establish a Resilient and Sustainable Electricity Supply System” (the “Bill”), which amends the...more
1. Japan Preparing for Its First Offshore Wind Auction under the New Act -
(1) Implementation of Offshore Renewable Energy Act
As we reported in our Renewable Alert Letter 40, the Act of Promoting Utilization of Sea Areas...more
On April 1, the first day of the new fiscal year in Japan, many amendments to laws and regulations become effective and administrative interpretations and standards were revised; renewable energy laws and regulations are no...more
The global offshore wind market has grown nearly 30 percent per year since 2010 and is projected to be a US$1 trillion industry over the next two decades. Markets around the world are seeing significant increases in offshore...more
The Ministry of Economy, Trade and Industry ("METI") is currently discussing the details of producer-side base charges that will be implemented in the near future. METI's advisory panel (Subcommittee on the Large-volume...more
As discussed in our Renewable Alert Letter 39 dated February 5, 2019, installation and modification work for solar power facilities over a certain scale will now be subject to environmental impact assessment pursuant to the...more
It was decided this month that April 1, 2019 will be the effective date of the "Act to Promote Offshore Use by Offshore Renewable Energy Facilities" (the "Act")...more
On December 5, 2018, METI announced its "New Measures for Non Operational PV Projects under the FIT Scheme (Outline of Revisions)" to revise proposals it presented in October 2018 regarding new rules to substantially cut...more
On November 1, 2018, the Ministry of the Environment ("MOE") announced that, at the "4th Review Session on Basic Policy Regarding Solar Facilities and the Environmental Impact Assessment," it plans to make certain large-scale...more
Projects participating in the power source interconnection project offering process -
In our Alert Letter dated February 21, 2018, we noted how, in principle, wind facilities will be subject to revision of FIT price if...more
METI recently released an outline of proposed ordinances partially amending the FIT Act and is currently accepting public comment. The following items are of particular interest....more
Procedures began in April 2016 for the long awaited listing of the first infrastructure fund on the Tokyo Stock Exchange targeted at investments in renewable energy plants and other infrastructure facilities.
Among the...more