After a Strong First Year, Sales Outlook for Japan’s GX Bonds Appears Mixed

In February 2024, the Japanese government announced a bold plan to sell ¥20 trillion worth of bonds directly tied to funding a 10-year, ¥150 trillion GX (green transformation) agenda. The program is ...

Why is Ammonia Used as Next-gen Fuel?

In just over a month, applications for Japan’s first large-scale hydrogen subsidy scheme are due to close. The ¥3 trillion of subsidies are expected to support a number of sectors that seek to switch...

Is It a Ship, or Real Estate? No – It’s a Floating Wind Turbine

While Japan’s government is betting on floating wind power to be a key driver in renewables expansion in order to achieve 2040 emissions and clean energy targets, industry players are asking for new ...

Pumped Hydro: The Emerging Backbone of Japan’s Energy Transition

Pumped storage hydropower, a late 19th century technology that was largely ignored by the markets for decades, is now emerging as pivotal to bringing balance and stability to Japan's grid as the nati...

Will Trump Unleash a Golden Era of U.S. – Japanese Energy Relations?

The recent summit between President Donald Trump and Prime Minister Shigeru Ishiba has been widely hailed as a turning point in Japanese-American relations, particularly in energy. The new White Hous...