Feed-in tariff energy system gets under way

Japan has taken its first step in spreading the use of renewable energy with Sunday’s start of a feed-in tariff, a policy mechanism obliging utilities to purchase all the electricity generated by wind, solar and other renewable energy sources.

The government is aiming to reduce its dependence on nuclear plants, but the introduction of the feed-in tariff system based on the renewable energy special measures law will effectively increase utility bills paid by companies and households.

“Whether we can make this year the ‘first year of renewable energy’ [in Japan] depends on how fast we can leave the starting blocks,” Economy, Trade and Industry Minister Yukio Edano told the press Sunday when he visited the Koriyama Nunobiki Kogen wind power plant in Koriyama, Fukushima Prefecture.

Edano was referring to the efforts the government needs to make to drastically increase the use of renewable energy to realize its pledge to reduce dependence on nuclear power generation… Read more

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