Agency for Natural Resources and EnergyStudy Group on Procurement Price for Offshore Wind Power to be Established
The Ministry of Economy, Trade and Industry (METI) will establish a meeting for a study group on setting the procurement price for offshore wind power as a key effort to expand the introduction of renewable energy to Japan, where the potential of land-based wind power is limited.
Under the Feed-in Tariff Scheme for Renewable Energy, procurement prices of energy are set by type of energy sources, namely, photovoltaic power, wind power, geothermal power, hydropower and biomass power. Among these sources, wind power price is currently set with an eye on land-based wind power generation, which has been already commercialized.
Offshore wind power generation is an essential technology to expand the introduction of renewable energy to Japan where the potential of land-based wind power is limited. However, as such technology is determined to be discussed when its cost data becomes available, the procurement price of offshore wind power has not been set until now.
Concerning fixed-bottom type offshore wind power generation, prospects for collecting data from demonstration projects and overseas examples are now getting brighter, and METI decided to establish a study group of external experts organized by the Director-General of the Energy Conservation and Renewable Energy Department, Agency for Natural Resources and Energy (ANRE), and to streamline data with respect to the reliability of various types of data resulting from demonstration projects and cost trends of overseas examples.
After streamlining the data, the results will be discussed at a meeting of the Procurement Price Calculation Committee to determine whether or not it is appropriate to reflect the possible procurement price of the offshore wind power in the FY2014 list of procurement prices (tariffs) based on the provisions of related laws.
2. Members of the study group
See the Japanese language press release.
3. Details of study
Scrutinizing data from demonstration projects
Streamlining overseas examples
Interview with the private sector, etc.
4. Future schedule
The study group will hold a first meeting in November and compile a report around by the end of 2013.
When finishing the compilation of the report, METI will publicize the details of the report on the METI website and other means.
Note: As such details of the study include corporate information from the private sector, the minutes of the meetings and references distributed at the meetings will not be disclosed. However, details of the compiled report are scheduled to be publicized when finishing the compilation of the report.
Reference: For details of the Feed-in Tariff Scheme, visit the following websites:
- URL: http://www.enecho.meti.go.jp/category/saving_and_new/saiene/kaitori/(in Japanese)
- URL: http://www.meti.go.jp/english/policy/energy_environment/renewable/index.html (in English)
November 1, 2013
Division in Charge
Energy Efficiency and Conservation Division, Energy Conservation and Renewable Energy Department, ANRE