Many companies are now utilizing renewable energy to advance decarbonizing the operations. Expanding renewable energy use has become essential not only for contributing to climate change mitigation but also for enhancing corporate competitiveness, including strengthening relationships with business partners. As initiatives gain momentum within Japan, various challenges are emerging. Many of them are related to national systems and regulations. Addressing these challenges early will accelerate corporate decarbonization. Based on feedback from 24 companies actively pursuing renewable energy use, we propose improvements to systems and regulations concerning four particularly critical areas.
［Areas for Improvement］
2. Reduce the costs of offsite PPAs (Power Purchase Agreements).
→ exemption from Renewable Energy Surcharge.
3. Expand power sources other than solar.
→ sustainability criteria for hydro and biomass, subsidies for the purchase of offshore wind
4. Make the FIP (Feed-in Premium) system easier to utilize.
→ streamlining the certification process, simplifying the premium calculation.
The following document summarizes the background of the areas for improvement and the details of recommendations.
Improvements to Systems and Rules
For Renewable Energy Procurement
| ［Companies contributing to recommendations development］ |
|---|
|
Amazon Web Services, Askul, Daiwa House Industry, Google, Hulic, Kao, Kirin Holdings, Konica Minolta, LY Corporation, Marui Group, Mitsubishi Estate, MUFG Bank, Murata Manufacturing, Panasonic Operational Excellence, Ricoh, Seiko Epson, Sekisui House, Seven & i Holdings, Sony Group, Tokyu Land and others (listed in alphabetical order). *Secretariat: Renewable Energy Institute (compilation of recommendations) |
<Related Links>
Issues and Recommendations on Renewable Electricity Procurement: Corporate Voices for Decarbonization （7 June 2023）
＜Related Activities＞
RE-Users: Joint efforts with businesses / local governments / NGOs
