[Report] Forecast of Solar Power Installation in Japan (2023-2035)
[Report] Forecast of Solar Power Installation in Japan (2023-2025)
Forecasting the amount of solar power installation in Japan over the next 10 years based on two scenarios: "current growth case" and "acceleration case."
The "Energy Supply Resilience Act" and the "Revised Global Warming Countermeasures Promotion Act" have been enacted, accelerating efforts in energy and environmental policies towards achieving a 46% reduction in greenhouse gases by 2030. The government has established a "Basic Policy for Realizing GX (Green Transformation)," clearly stating the goal of achieving a power generation ratio of 36-38% from renewable energy sources by 2030, which has been set as a must-achieve target in the energy basic plan. On the demand side, the recovery from the COVID-19 pandemic has led to an increase in electricity demand, and in response to the surge in energy prices and electricity rates triggered by Russia's invasion of Ukraine, there is a growing willingness to adopt solar power generation. The use of renewable energy for SDGs and enhancing corporate value is expanding throughout the supply chains of major domestic companies. The introduction ratio is expected to increase with the shift from the FIT system to self-consumption models, PPA models, and the FIP system. This document looks ahead to the next decade, analyzing price forecasts, changes in social environments, market changes, and technological advancements from two scenarios: the "Current Growth Case," which aims to achieve the 2030 introduction targets, and the "Introduction Acceleration Case," where the introduction environment significantly improves and progresses. It predicts the amount of solar power generation introduced by application and scale.
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**Features of this Book** Forecasts the installation volume of solar power generation segmented by application, scale, region, etc., in light of environmental and market changes, as well as technological advancements. **Changes in Policy and Promotion Environment** It is expected that the installation of solar power in buildings will expand due to the establishment of new FIT prices to promote rooftop installations, amendments to the Energy Conservation Act for Buildings, and the obligation to install solar power in new residential buildings, reflecting the future impact that will spread nationwide. **Price Assumptions** Considering the economic situation, changes in exchange rates (yen depreciation), and the state of the domestic and international solar power industry, while a reduction in prices is expected, it is assumed that the system prices and generation costs at the year 2030 will rise compared to the installation volume forecast from 2022, reflecting the recent increase in system prices. **Overview of this Book** Forecast of Solar Power Installation Volume in Japan (2023-2035) Published by: Resource Comprehensive System Co., Ltd. Publication Date: October 5, 2023 Format: A4 Landscape Slide Format Media: Printed booklet (A4 landscape binding) approximately 200 pages PDF file (available for download from our server) *For more details, please feel free to contact us.* Related Link - https://www.rts-pv.com/business/report/
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Member companies (*1): - Document purchase (A4 size, with PDF / for internal use only) 90,000 yen (excluding tax) - Document purchase + presentation included (travel expenses separate) 120,000 yen (excluding tax) General companies: - Document purchase (A4 size, with PDF / for internal use only, no explanation) 120,000 yen (excluding tax) - Document purchase + presentation included (travel expenses separate) 170,000 yen (excluding tax) *1: Member companies that subscribe to our monthly report "Solar Power Generation Information" or "PV Generation Business Frontline"
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* Utilization for considering future business development and strategies * Utilization to understand the current state and expected adoption of the solar power market in Japan To serve as a basis for forecasting business prospects over the next 10 years, the target period for predictions has been extended by five years from the previous period, now covering up to the fiscal year 2035. Beyond the fiscal year 2030, the forecasts are made actively based on the alignment with a world moving towards carbon neutrality goals, as Japan also aims for decarbonization by 2050. * For more details, please contact us.
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Our company is committed to the development of the solar power industry and the realization of its establishment as a core energy source. Our mission is to contribute to the proliferation of solar power systems through supporting our customers' business and implementation efforts. Based on the belief that solar power should be one of the core energy sources, we have been engaged in supporting the various stages of technology development, dissemination, and commercialization of solar power for over 40 years. As a result, we possess strengths in information and insights built through a network that spans both upstream and downstream sectors of the solar power industry, both domestically and internationally. We provide support in various forms, including publications (annual and monthly) on the information surrounding solar power, seminars, individual research (contract research), and consulting. Please feel free to contact us.