(original Japanese version published on 11 April 2024)
Renewable Energy Institute published an updated information package “Corporate PPA: Latest Trends in Japan (2024 Edition)”.
Corporate PPAs are becoming popular in Japan to procure renewable electricity for business and industrial use. Under the current circumstances, where the price of fossil fuels remain high while the decarbonization of businesses is required, the benefits of corporate PPAs are being recognized from both economic and environmental perspectives.
This information package puts together the latest trends in corporate PPAs in Japan as of April 2024. Typical contract structures applicable in the Japanese electricity system are presented for on-site, off-site physical and off-site virtual PPAs. The features, benefits, and issues of each type of contract are summarized in addition to the latest cost analysis and comparisons with regular tariffs.
<Contents>
1．Contract Structures
・On-site PPA
・Physical PPA
・Virtual PPA
2．Cost Comparisons
3．Latest Projects
4．Issues & Solutions
