Decarbonization is already one of the major topics worldwide. However, in 2020 Japan is still heavily dependent on fossil fuels. The Japanese government has set a renewable energy ratio of 22 to 24% in the energy mix for 2030 and aims for renewables to lead the path for “carbon-free” electricity production by 2050. Solar power is considered the most promising of renewable energy, and is attracting attention as a solution for global warming.
However, the burden on power plant operators and developers is increasing, including factors such as increasing curtailment, the future introduction of a generation side wheeling charge, mandatory reserves for decommissioning costs, as well as the transition from FIT to FIP. In the coming years the market is expected to face new challenges.
In the current scenario and by first time in Japan, Vector Cuatro organise the event “Present and future of the renewable energies in Japan”. Next March 11th, this meeting, will gather to most relevant actors in the Japanese renewable energy market at the Prince Tokyo Hotel. The programme includes experts’ presentations and round tables, in which renewable industry current situation will be analysed taking into account the last regulatory changes in the sector. Besides, investment and project finance issues, latest technological developments and trends in asset management will be addressed, among others.