Offshore Wind Worldwide 2022 edition - Flipbook - Page 142
142
Hogan Lovells
Japan
3.The table below shows the reference of
target projects under as to whether FIT
or FIP applies to projects of certain
sizes and bidding based on statements
announced by the chair of the study
group on the procurement price for
offshore wind power (4 February
2022)11. Offshore wind projects
(floating-type wind turbine) can select
FIT or FIP.
a)Onshore
0-50kW
50kW and more
Fiskal 2022
FIT (bid system does not apply)
FIT (bid system applies)12
FIP (bid system does not apply)
(FIP is an option)
Fiscal 2023
FIT (there are requirements
for regional utilization) 13
FIP (bid system applies)7
b)Offshore (sea-bed mounted
type wind turbine
1213
0-50kW
Fiskal 2022
Fiskal 2022
Fiscal 2024
50kW and more
FIT (the bid system applies for offshore wind power projects which the New
Offshore Renewable Energy Development Act applies to)
FIP (the bid system applies for offshore wind power projects which
the New Offshore Renewable Energy Development Act applies to)
FIP (bid)
FIP (bid) (FIP is an option)
FIP (bid) (FIP is an option)
B. Consequences of project delay
Any project certified after FY 2018 will have
a commercial operation date (“COD”)
deadline. If a business operator cannot
achieve commercial operation before the
COD deadline, the procurement period will
be shortened by an equivalent period of
time.
11 https://www.meti.go.jp/shingikai/santeii/pdf/20220204_1.pdf.
12 Onshore replacement is not eligible for bid system. Any projects under 1GM can select FIT or FIP.
13 For Supply area in Okinawa regions and islands, FIT system can be selected without applying the requirements for regional utilization.