JAPAN | Renewable energy bill’s policy

Posted on July 15, 2011

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JAPAN | NHK | 15 July 2011

A Lower House plenary session on Thursday began deliberating on a bill to compel utilities to purchase solar, wind and other forms of renewable energy from the next fiscal year.

The Japanese government is considering prices and time frames for electric power companies to purchase the energy.

The utilities would buy solar power from private residences at the upper 30 yen per kilowatt range, and other natural energies at the near 20 yen level.

The government is also considering a compulsory purchasing period for residential solar power at 10 years, and for other natural energies at around 15 years.
Renewable energy is more expensive than thermal and nuclear power, so the bill is aimed at making it profitable.

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Posted in: JAPAN