Feed-in Tariffs in Japan: Five Years of Achievements and Future Challenges
Renewable Energy Institute today released the full English translated version of the report "Feed-in Tariffs in Japan: Five Years of Achievements and Future Challenges". The original Japanese version of the report was released on 10 August 2017.
By the end of June 2017, five years have passed since the enforcement of the FIT Act in July 2012. During this period, renewables, in particular solar PV has been widely deployed and the share of renewables which was 9% in FY2011, has increased to as much as 15% in FY2016.
This report examines the outcome of the FIT scheme, pointing out how the deployment of renewables has contributed in the reduction of carbon dioxide emissions and wholesale electricity price, and how it has raised issues related to coexistence with local communities and the challenges involved in the implementation of the scheme.
Furthermore, this report makes projections of the FIT surcharge and estimates the surcharge unit price and wholesale electricity price in FY2030 on different scenarios. It shows that a wider deployment of renewables allows a decrease in wholesale electricity unit price, consequently lowering the total sum of surcharge and wholesale electricity price.
Vieｗ original report in Japanese (Published in August 2017)
＜Table of Contents＞
Purpose of this report
The role of the FIT scheme as a policy
The Results of the FIT Scheme Over the First Five Years
Accelerating deployment – the road has been opened toward making renewable energy a main energy source
Deployment by energy source – high growth observed except for wind power
Various effects of large deployment
Additional burden of expenses and the impact on the unit cost of electricity
Challenges in coexisting with local communities
Challenges in Operating the FIT Scheme
The rules for facility registration that raised the burden of expenses
The rule of unlimited curtailment without compensation has great negative impacts
Detailed analysis required for calculating procurement prices
Future Prospects: Projections of the FIT surcharge
Assumptions for the estimations
Results of the estimations
Summary of estimation results
Recommendations for Woody Biomass Power Generation under FiT —for the realization of a sustainable use of bioenergy
26 December 2016 (Japanese original published on 25 November 2016)
Comparing Prices and Costs of Solar PV in Japan and Germany
The Reasons Why Solar PV is more Expensive in Japan
31 March 2016 (Japanese original published on 13 January 2016)