Japan

Japan’s Long-Term Decarbonization Power Source Auction Round 3 results signal a maturing BESS market, with stricter eligibility requirements, evolving balancing market regulations, and emerging co-location opportunities changing the investment landscape for energy storage developers.

Continue Reading BESS and the Japan Power Market The Current State of Play at LTDA Auction Round 3

The Japanese Ministry of Economy, Trade and Industry (METI) has proposed revisions to the price cap structure in Japan’s balancing market that may materially impact the economics of battery energy

Continue Reading METI Proposes Price Cap Reductions in Japan’s Balancing Market: Implications for Battery Energy Storage Systems

In December 2021, consortia led by Mitsubishi Corporation won the rights to develop all three projects offered in Japan’s first major offshore wind public auction with an aggregate capacity of
Continue Reading Winds of Change: Proposed Revisions to Japan’s Offshore Wind Public Auction Process