Greentech Lead Asia: Japan will boost renewable-energy
capacity by about 13 percent through the year ending March 2013.
Japan will start a price incentive program for generators
this July, according to the Ministry of Economy, Trade and Industry.
Japan will add 2,500 MW of clean energy including solar and
wind in the fiscal year, the ministry said today. The country currently has a
capacity of 18,750 megawatts.
Utilities must pay above-normal rates to renewable energy
producers under the incentive program. Costs will be passed onto power users as
a surcharge of 0.4 yen (0.5 cent) a kilowatt-hour. An average household will
pay as much as 100 yen a month for the surcharge, according to a Bloomberg
report.
Estimates were issued today at a meeting of a panel to set
tariffs for solar, geothermal, wind, biomass and hydropower. The five-member
panel led by Kazuhiro Ueta, environmental economics professor at Kyoto
University, will submit recommendations to Industry Minister Yukio Edano, with
approval expected next month. The solar rate was 42 yen a kilowatt-hour for 20
years.
Japan Smart Grid market to grow to percent7.4 billion by
2016
The Japan Smart Grid market is projected to grow to $7.4
billion by 2016, according to Zpryme.
From 2011 to 2016, the market is projected to grow at an
annual rate of 63.8 percent.
The building information communication technologies segment
is projected to grow the fastest, growing at an annual rate of 84.7 percent.
The advanced metering infrastructure (AMI) segment is
projected to be the largest, reaching $2.5 billion by 2016.
Distribution automation and communications are both
projected to be over $1.0 billion by 2016.
editor@greentechlead.com