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- Cabinet Decision on the Bill on the Partial Revision of the Act on Special Measures Concerning Procurement of Electricity from Renewable Energy Sources by Electricity Utilities.
Agency for Natural Resources and EnergyCabinet Decision on the Bill on the Partial Revision of the Act on Special Measures Concerning Procurement of Electricity from Renewable Energy Sources by Electricity Utilities
The Cabinet approved the Bill on the Partial Revision of the Act on Special Measures Concerning Procurement of Electricity from Renewable Energy Sources by Electricity Utilities which is to be submitted to the 190th ordinary Diet session. This Bill stipulates a new Feed-in Tariff (FIT) scheme, in order to achieve both the FY 2030 target for the introduction of renewable energy (a ratio of renewable energy from among all energy sources for generating electricity of 22% to 24%), which was presented in the plan for Japan’s energy mix formulated in July 2015 and the reduction of the public burden.
The legal text is available at the following URL (Japanese language press release): http://www.meti.go.jp/press/2015/02/20160209002/20160209002.html
Date of entry into force
April 1, 2017 (In part October 1, 2016)
Release date
February 9, 2016
Division in charge
New and Renewable Energy Division, Energy Conservation and Renewable Energy Department, Agency for Natural Resources and Energy