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Japan braces for surge in electricity use during scorching summer and Olympics

Japan braces for surge in electricity use during scorching summer and Olympics
japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.

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Japan to Double Inter-regional Power Grid to Boost

Japan to Double Inter-regional Power Grid to Boost
aogdigital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aogdigital.com Daily Mail and Mail on Sunday newspapers.

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Japan considers doubling inter-regional power grid to boost renewable energy

Article content
TOKYO Japan is considering doubling its inter-regional power grid capacity from around 24 gigawatts now to help speed up expansion of renewable energy such as offshore wind farms, an industry ministry official said on Friday.
The move comes as Japan gears up its drive to expand cleaner energy to help the country achieve its goal of becoming carbon neutral by 2050, and as the weak power grid has been a hindrance to the growth of renewable energy in Japan.
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Japan to double inter-regional power grid to boost renewable energy-Nikkei

By Reuters Staff
2 Min Read
TOKYO, April 16 (Reuters) - Japan aims to double its inter-regional power grid capacity by adding up to 23 gigawatts to help speed expansion of renewable energy such as offshore wind farms, the Nikkei business daily said on its online news site late on Thursday.
The move comes as Japan gears up its drive to expand cleaner energy to help the country achieve its goal of becoming carbon neutral by 2050, and as the weak power grid has been a hindrance to the spread of renewable energy in Japan.
There is a plan to build undersea cables to connect the northern island of Hokkaido and the main Honshu island where power demand is high, Nikkei said, citing a plan compiled by the industry ministry and the Organization for Cross-Regional Coordination of Transmission Operators (OCCTO). ....

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Japan Renewable Alert 52 | Orrick, Herrington & Sutcliffe LLP

Further Details of the FIP System
Other Matters Addressed in the Draft Ordinances
Future Outlook
In the upcoming fiscal years, we will see the implementation of critical changes to the REA, which has been amended by the “Act to Partially Amend the Electricity Business Act and Other Acts in Order to Establish a Resilient and Sustainable Electricity Supply System,” promulgated on June 12, 2020 (Act No. 49 of 2020; the “
Energy Resiliency Act”). In particular, the introduction as of April 1, 2022 of a new (1) FIP system, (2)decommissioning cost reserve scheme, and (3) nullification rule will have a significant effect on Japan’s renewable energy industry (
see item 1 of Japan Renewable Alert 51), and a draft of the METI ordinance ( ....

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