Australian renewable energy technology: sales to Japan?
Renewable energy in Japan: opportunities for Australian businesses Ecogeneration , 10 January 2014 In an exclusive excerpt from the February 2014 edition ofEcoGeneration, Austrade Trade Commissioner in Sapporo Ian Brazier explains how the Japan’s feed-in tariff scheme has made solar PV their fastest growing energy sector, creating new opportunities for Australian technology, equipment and service providers.
……To diversify its energy mix, the Japanese government is moving towards bolstering renewable energy usage. In order to increase supply, a generous feed-in tariff (FiT) regime for renewable energy was introduced in July 2012.
To date, most announced projects that have come as a result of the FiT rely on solar photovoltaic (PV) generation and are based in northern Japan…..
What has been the big impact from feed-in tariffs?
The FiT regime has triggered a 4,086 megawatt (MW) increase in total deployed renewable energy project capacity from July 2012 to July 2013 (latest available figures). Of this total capacity, 3,916 MW comes from solar PV power generation.
The dominance of solar PV generation is likely to continue. Japanese government policy is that FiT will remain in place for at least three years and this will ensure continued solid growth…….
Residential solar is the second biggest growth area in renewables and is an area where Australia has commercial advantage that is of interest to Japan. Under the current FiT regime, each owner may sell only surplus electricity, with the duration of purchase agreements limited to ten years. 646375.png…….
Some large Japanese firms with expertise in large lenses and mirrors and speciality construction are looking to expand into CSP projects overseas, including in Australia. This presents possible inward investment opportunities for Australia in attracting Japanese direct investment.
New trends are also emerging in wind
There are a number of wind projects being progressed due to introduction of the FiT….. http://ecogeneration.com.au/news/renewable_energy_in_japanopportunities_for_australian_businesses/084932/
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