Japanâ€™s Ministry of Economy, Trade and Industry has unveiled a final energy plan under which renewables will account for 22% to 24% of the countryâ€™s power mix through fiscal 2030.
A draft of the government proposal was announced in end-April, as part of which the desirable share for nuclear energy was set at 20%-22%. Despite requests for this share to be reduced in favor of green energy, all of the previously announced rations remained unchanged.
The clean energy ratios set out in the long-term energy supply-demand outlook constitute a minimum target rather than an ultimate result. There is a notable decrease in fossil fuel share, when compared to the current situation.
At present, the top renewable energy source in the country is solar power. If the 2030 target is met, Japanâ€™s installed photovoltaic (PV) capacity will hit 64 GW.
In order to continue supporting the countryâ€™s renewables industry but not at the cost of consumers, further changes in the Japanese feed-in-tariff (FiT) system will be discussed.