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Study Group on PV System Industry Strategy releases a report - Toward Creating a “Future Energy Society System”

Study Group on PV System Industry Strategy releases a report - Toward Creating a “Future Energy Society System”

The Ministry of Economy, Trade and Industry (METI) hereby releases a report made by the Study Group on PV System Industry Strategy. With the aim of maintaining and strengthening the competitiveness of solar power generation-related industries in Japan, the study group summarized future directions of development for these industries in view of industrial policy as well as energy policy.

1. With the aim of maintaining and strengthening the competitiveness of solar power generation-related industries in Japan, the Commerce and Information Policy Bureau and the Agency for Natural Resources and Energy established the Study Group on PV System Industry Strategy. Bringing together a wide variety of parties concerned, the group has held six meetings since December 2008 to discuss future directions of these industries in view of industrial policy as well as energy policy.

2. The report aims to reduce power generation costs in solar power generation systems to about half the current level by implementing “supply-side efforts,” “demand-side efforts,” and efforts to “improve the institutional environment,” which are expected to bring the economies of mass production and technology innovation in the short term. In the medium to long term, the report forecasts that by increasing Japan’s share of the worldwide solar cell production from the current level of around a quarter to over one-third by 2020, solar power generation-related industries will create an economic effect worth up to about ten trillion yen and will provide employment for up to about 110,000 people.

Release Date

March 18, 2009

Division in Charge

Information and Communication Electronics Division, Commerce and Information Policy Bureau

New and Renewable Energy Division, Energy Conservation and Renewable Energy Department, Agency for Natural Resources and Energy