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Japan panel to set solar power fee at 51 cents/kwh -Nikkei [View all]
Japan panel to set solar power fee at 51 cents/kwh -Nikkei
Sun Apr 22, 2012 11:09pm EDT
(Reuters) - A Japanese government panel is likely to recommend utilities pay 42 yen (51 cents) per kilowatt-hour (kwh) for solar power supplies in a feed-in tariff scheme, in line with requests by the solar power industry, the Nikkei business daily said.
Japan is overhauling its energy policy after the Fukushima nuclear crisis shattered public confidence in the safety of atomic power, and is set to introduce a new subsidy scheme from July which covers all kinds of renewable energy to support the budding market for domestically produced power.
The recommended rate for solar power includes tax and is to be paid for about 20 years, the report said on Monday. That is roughly double the rate that households pay for electricity usage and almost meets the solar power industry's request for 42 yen without tax, it added.
The rates could encourage potential business investors to enter the market, but the higher rate would come at a greater cost to consumers, to whom the utilities pass on the burden...
Sun Apr 22, 2012 11:09pm EDT
(Reuters) - A Japanese government panel is likely to recommend utilities pay 42 yen (51 cents) per kilowatt-hour (kwh) for solar power supplies in a feed-in tariff scheme, in line with requests by the solar power industry, the Nikkei business daily said.
Japan is overhauling its energy policy after the Fukushima nuclear crisis shattered public confidence in the safety of atomic power, and is set to introduce a new subsidy scheme from July which covers all kinds of renewable energy to support the budding market for domestically produced power.
The recommended rate for solar power includes tax and is to be paid for about 20 years, the report said on Monday. That is roughly double the rate that households pay for electricity usage and almost meets the solar power industry's request for 42 yen without tax, it added.
The rates could encourage potential business investors to enter the market, but the higher rate would come at a greater cost to consumers, to whom the utilities pass on the burden...
http://www.reuters.com/article/2012/04/23/japan-solar-idUSL3E8FN00R20120423
Actually the 4th paragraph is a questionable assumption. The German experience shows that the savings from displaced fossil fuels tends to equal or exceed the subsidy.
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