We’re starting our webinar program for 2022 with a review of some of the major recent challenges arising in the renewables space in Japan.
Tensions in Japan’s Shift to Renewables
Date: Jan. 27 (Thursday)
Time: 18:00 – 18:45 JST
Speakers: Yuko Inui, partner and member of the Energy and Infrastructure Group of Orrick Herrington & Sutcliffe LLP
Mayumi Watanabe, Senior Researcher, Japan NRG
Yuriy Humber, Founder, Japan NRG
Over the next decade, Japan’s government plan is to have solar account for 1/6th of the nation’s power mix and renewable as a whole for more than 1/3rd. That requires an aggressive jump in capacity in solar, wind and other renewable energy sources.
Some recent Japanese policy and corporate actions, however, seem out of sync with the above goals:
- A town in western Japan plans to introduce the nation’s first ever tax on solar panels
- Curtailments of solar and wind projects in Japan are on the rise and are forecast to spread to new regions
- The same company won a clean sweep of all the country’s first set of fixed-bottom offshore wind tenders
What’s more, the input costs of building new solar and wind projects is on the rise while the sales price is becoming less certain.
Japan NRG will host a webinar to discuss the details of the above issues and others that impact on the renewables and decarbonization agenda in Japan.
We’ll be joined by guest speaker Yuko Inui from Orrick Herrington & Sutcliffe LLP to discuss the impact that the solar panel tax in particular could have on Japan’s solar industry and the broader renewables field.
Yuko Inui is a partner and member of the Energy and Infrastructure Group of Orrick Herrington & Sutcliffe LLP/ Orrick Tokyo Law Offices. Her practice mainly focuses on the development, project financing and secondary transaction of renewable energy projects, including offshore/ onshore wind and solar projects, as well as related permits and real estate work. She also has experience with environmental and fintech matters. Yuko has been appointed as a special member of the Environmental Preservation Committee of the Japan Federation of Bar Associations every year since 2006.
Mayumi Watanabe joined Japan NRG in 2020 and writes on energy policies and regulations. She has deep experience of covering metals, mining and energy commodity markets, as well as competition issues in Japan’s energy, digital data and patents space.
Yuriy Humber is the founder of the Japan NRG platform. He is also a columnist on energy issues for the Nikkei Asia and co-author of an economic research report on Japan by the American Chamber of Commerce in Japan (ACCJ).