[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 from 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 now become a mandatory target, previously considered ambitious in the Basic Energy Plan. On the demand side, there is an increase in electricity demand due to the recovery from the COVID-19 pandemic, and the desire to introduce solar power has risen as a response to the soaring energy prices and electricity rates triggered by Russia's invasion of Ukraine. 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 target, and the "Acceleration Case," where the introduction environment significantly improves and progresses. It predicts the amount of solar power installation 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** The introduction of new FIT prices to promote rooftop installations, amendments to the Energy Conservation Act for Buildings, and the obligation to install solar power generation in new residential buildings are expected to expand the installation of solar power in buildings, reflecting the future impact that will spread nationwide. **Price Assumptions** Considering the economic situation, changes in exchange rates (yen depreciation), and the status of the solar power industry both domestically and internationally, while price reductions are expected to continue, it is anticipated that the system prices and generation costs at the year 2030 will rise compared to the installation volume forecast from the 2022 edition, reflecting the recent increase in system prices. **Overview of This Book** Forecast of Solar Power Generation 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 format, with PDF / for internal use only) 90,000 yen (excluding tax) - Document purchase + presentation (travel expenses separate) 120,000 yen (excluding tax) General Companies: - Document purchase (A4 format, with PDF / for internal use only, no explanation) 120,000 yen (excluding tax) - Document purchase + presentation (travel expenses separate) 170,000 yen (excluding tax) *1: Member companies that subscribe to our monthly report "Solar Power Generation Information" or "PV Power 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. From the fiscal year 2030 onward, the forecasts are made actively based on Japan's alignment with the global movement towards carbon neutrality and the goal of achieving decarbonization by 2050. * For more details, please contact us.
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Our company is dedicated to advancing the solar power industry and establishing photovoltaic (PV) energy as a core power source. For over 40 years, we have supported the development, commercialization, and dissemination of PV technologies by closely tracking trends in markets, policies, industries, and technologies both in Japan and abroad. We offer our clients tailored support across the entire solar value chain—ranging from strategic information and industry analysis to consulting and customized research—helping them address challenges and unlock opportunities in PV business development. Backed by a robust network across upstream and downstream sectors, we provide insights and solutions through publications, seminars, contract research, and one-on-one consultations. Please feel free to contact us for more information.
