Aside from Japan’s plans for wide-spread implementation of smart-city and smart-grid technology during the coming decades, the country’s market is also defined by a general shift away from nuclear and fossil-fuel energy towards a highly-diffuse renewable energy infrastructure. The emergence of this new reality will have ramifications not only at the grid-level utility-scale, but also at the local-scale and even the residential scale. Additionally, this means not only demand for actual energy storage devices, but also for infrastructure and software with which such systems interact. For European firms interested in Japan’s market, this shift presents various opportunities. Hence, the aim of this report is to provide an overview of the energy storage market in Japan, address market's characteristics, key success factors as well as challenges and opportunities in this sector.
Max Berre is a financial-regulatory economist based at EDHEC Business School. Click here to access his profile.
The recording of the past webinar covering this topic is available for online viewers here. (Once you are logged in, look for the link below the "After event information").
Picture: Matsukawa Geothermal Power Station Iwate, Japan
Copyright: Under GNU Free Documentation License
What is the Japanese Renewable Energy Market Situation in 2013?BEFORE the Fukushima accident in March 2011, Renewable Energies accounted for only 9% (mainly hydroelectricity for 8%) of the total 2010
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