Renewable Energy Financing Japan’s PV Experience

Slides:



Advertisements
Similar presentations
Dr. Wendell A. Porter, P.E.. Our Current Situation Landfill Gas Combined Heat and Power Feed in Tariff, about 20MW of PV total Tiered rate structure Energy.
Advertisements

Photovoltaic Power Applications in Japan For FinSolar project Aalto University School of Business Kim Yukyeong.
Effective Frameworks for Renewable Energy Deployment: A Regional Overview Oman Energy & Water Conference May 19, 2015.
LAKELAND ELECTRIC Pricing to Meet Net Meter Rules APPA 2009 Business & Finance Conference Sept 14, 2009 Jeff Sprague Manager Pricing & Rates.
Case Studies on Financing Renewable Energy Development Japan 22 nd Meeting of the Expert Group on New and Renewable Energy Technologies May 2004.
1 EIA’s Electricity Forecasting for the U.S. and the South By: Marilyn Brown, Matt Cox, Alex Smith, and Xiaojing Sun Georgia Institute of Technology July.
VINCE GRIFFIN VICE PRESIDENT ENVIRONMENTAL & ENERGY POLICY INDIANA CHAMBER OF COMMERCE.
Solar Policy and Potential in the Southeast Amy Heinemann September 21,
© Copyright 2013, First Solar, Inc. Arizona’s Energy Future August 21, 2014.
November, 2004 KEMCO Korea Energy Management Corporation.
Selling Residential Solar—A Market Based Approach Presented by: Gerald Bernstein, Stanford Transportation Group and Claire Starry, TDS Economics Presented.
Economy Specific Research and Introduction of Successful Results of New / Renewable Energy Technology Development and Demonstration Toru Usami International.
RDL Utility Based Financial Incentives for Renewable Energy & Energy Efficiency in New Zealand EGNRET Workshop Honolulu, Hawaii, USA 30 March – 1 April,
Feed In Tariffs A Policy for Rapidly Expanding Renewable Energy Deployment.
1 ESCO Business in Taiwan Hung Yao CHAO Energy Conservation Technology Development Center CTCI Foundation October 31, 2001.
CAPACITY DEVELOPMENT WORKSHOP ON FOSSIL FUEL AND RENEWABLE ENERGY (FFRE) FOR INDIAN OCEAN AND AFRICAN SIDS Organized by United Nations Office for Sustainable.
Korea’s Policy Direction for R&D and Dissemination of New & Renewable Energy Korea Energy Management Corporation OCTOBER, 2003.
AT Advisors  Jim Houser A – E  Brian Raichle F – J  Jeremy FerrellK – O  Brent SummervilleP - T  Dennis ScanlinV - Z.
New & Renewable Energy Center November, contents Basic Plan for NRE Ⅰ Solar PV Ⅱ Wind Power Ⅲ Hydrogen & Fuel Cells Ⅳ International Cooperation.
Energy vs. Power?. POWER Power= the rate at which energy is used measured in watts (joules/sec)
World Energy Outlook 2015 Deputy Director General Petteri Kuuva WEC Finland, 23 Nov
World energy production by source in 2004: Oil 40% coal 23.3% natural gas 22.5% hydroelectric 7.0% nuclear 6.5% biomass and other 0.7%.
1. Assessment of Renewable Potentials Unit : MKLOE / y 2.
California Solar Initiative Dian M. Grueneich, Commissioner California Public Utilities Commission March 30, 2006.
IEA INTERNATIONAL ENERGY AGENCY PHOTOVOLTAIC POWER SYSTEMS PROGRAMME Trends Report 2013 Tables and Figures.
Feb Seong-Ho Lee Korea Energy Management Corporation New & Renewable Energy Center.
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Photovoltaic (PV) Inverter Market Price, Packaging Trends, Industry Outlook.
Opportunities for renewable energy investments in Serbia
Energy Efficiency Opportunities for Manufacturing Industries
Republic of the Union of Myanmar Electricity Sector Financial and Regulatory Issues 18 May 2016 by Myanmar Energy Team The World Bank.
Global Energy Problems and Counter Policies and Measures of Korea
Incentives For Use Of Renewables
Electricity & Regulatory Overview of Korea
US Levelized cost of energy by technology, h ($/mwh)
Bypass Distributed Generation (DG) Forecast Methodology
Hartek Group is one of India’s fastest growing company with offerings that span across Engineering, Renewables, Technology , Construction , Fuel and Manufacturing.
Egypt’s Electricity Subsidy Removal and the Unified Electricity Law; Paving the Way for Renewables SME Growth.
Presentation of the case in Japan for Technical Committee K - Integrated Operation of Hydropower Stations and Reservoirs- Centers for Civil Engineering.
Ontario’s Bill 150 Green Energy and Green Economy Act
Q2/2017 Developments in European Solar Markets & Beyond
Powering today for tomorrow
Financing of Solar power plants
Energy Sector Overview Federated States of Micronesia
Renewable Energy Policy in Japan
Energy Year 2017 Electricity
Hybrid Power Solutions Market
Energy Policy and Planning Office
Renewable Energy Markets
The Austrian promotion scheme for green electricity Günter Pauritsch Workshop on renewable energy sources Sofia, 21 December 2011 Austrian Energy Agency.
Alternative Energy in NC
PORTOFOLIO COMMITTEE ON ENERGY
New Energy and Industrial Technology Development Organization (NEDO)
FOR INDONESIA IN NATIONAL ENERGY POLICY
AT Advisors Dr. Jim Houser A – F Dr. Brian Raichle G – L
Renewable Energy in the united states
Energy Year 2017 Electricity
Japan’s Financial Schemes for Promoting CDM Projects
Cautious feed-in-tariffs for promoting PV generation in the UK residential sector Isaac Dyner, Monica Castaneda, Julian Aristizabal, Sebastian Zapata,
Case No UT PNM Workshop Comments
Exploring Solar Energy
Farmington Electric Utility
Total Production Increases as Consumption Remains Steady
Renewable Energy Financing Japan’s PV Experience
Solar Energy – Its Huge! Solar is the only renewable energy source that is ubiquitous enough to serve as a foundation of a global energy economy in nearly.
Exploring solar energy
EXPANDING THE SOLAR MANUFACTURING SUPPLY CHAIN
Solar Energy – Its Huge! Solar is the only renewable energy source that is ubiquitous enough to serve as a foundation of a global energy economy in nearly.
Comparison: Ginna 480 MW Installed PV Power as of the end of 2005
1. Promotion Measures of RE in Some Countries
To register your vote and questions go to:
Presentation transcript:

Renewable Energy Financing Japan’s PV Experience Renewable Energy Financing Workshop 14 May 2004 Honolulu, Hawaii, USA Mr. Michael Rice Advisor International Projects Dept. New Energy and Industrial Technology Development Organization (NEDO)

New Energy Utilization Overview of NRE Budget Origin (FY 2004) Petroleum-related Measures Special A/C for Petroleum and Sophisticated Structure of Energy Supply/Demand (Petro: \2,040/kl; LPG: \800/t; LNG: \849/t; Coal: \230/t; etc.) Energy Conservation NatGas Utilization Promotion Environmentally Friendly Utilization of Coal Etc. \87.6B New Energy Utilization \63.5B Regional Power Source Development Special A/C for Electric Power Development Acceleration Measures (Electricity sales: \0.425/kWh) Nuclear Energy Utilization Promotion Hydro/Thermal Energy Utilization Etc.

New and Renewable Energy Budget Trend ※ 1 US$ = \106

Residential PV System Subsidy Scheme Year Subsidy Installed Capacity (Cumulative MW) 1997 1/3 of installation cost (Max: \340,000/kW) 32.8 1998 56.9 1999 114.6 2000 Max: \270,000/kW* 189.0 2001 \120,000/kW 280.0 2002 \100,000/kW 421.4 * The incentive was reduced to 180,000 yen/kW for the second half according to subscriber interest and the price of PV systems. There was a need to reduce it to 150,000 yen/kW during the second half.

PV Power Generation Capacity in Japan

International Comparisons—Installed PV Capacity (MW) Source: IEA/PVPS (end of 2002)