The latest japanese energy storage layout plan

What is Japan's Strategic Energy Plan?

The Government of Japan formulates the Strategic Energy Plan under the Basic Act on Energy Policy to show the basic directions for Japan’s energy policies. The Advisory Committee for Natural Resources and Energy started discussions on the Seventh Strategic Energy Plan in May 2024 and presented the draft version of the plan on December 17, 2024.

Does Japan have a regulatory framework for energy storage?

es and help advance Japan into the next stage of its renewable energy transition. This briefing examines the regulatory framework for energy storage in Japan, draws comparisons with the European markets and seeks to identify the regulatory developmen

How big is Japan's energy storage capacity?

Global energy storage capacity was estimated to have reached 36,735MW by the end of 2022 and is forecasted to grow to 353,880MW by 2030. Japan had 1,671MW of capacity in 2022 and this is expected to rise to 10,074MW by 2030. Listed below are the five largest energy storage projects by capacity in Japan, according to GlobalData’s power database.

Will Japan have a strategic energy plan in 2021?

Since the previous revision of the Strategic Energy Plan in October 2021, the energy situation surrounding Japan has changed. In light of this, the Advisory Committee for Natural Resources and Energy advanced discussions on the next Strategic Energy Plan.

What is Japan's 7th strategic energy plan?

The 7th Strategic Energy Plan underscores Japan's commitment to a sustainable and carbon-neutral future by 2050, with a pronounced emphasis on expanding renewable energy sources. Solar power is anticipated to become the predominant renewable energy source by 2040, reflecting the government's ambitious targets.

What will Japan's Energy Plan look like in 2040?

One of the notable features of the Plan is the outlook for Japan's power source composition in 2040, which sets ambitious targets for renewable energy. Renewable energy is projected to account for 40-50% of Japan's power generation by 2040, which would surpass thermal power as the largest power source.