{"id":11146,"date":"2023-11-22T17:00:33","date_gmt":"2023-11-22T08:00:33","guid":{"rendered":"https:\/\/rts-pv-wp.grgr.link\/en\/?post_type=blogs&#038;p=11146"},"modified":"2023-11-24T15:32:45","modified_gmt":"2023-11-24T06:32:45","slug":"jpea-survey-results-on-photovoltaic-system-cost-trends","status":"publish","type":"blogs","link":"https:\/\/rts-pv-wp.grgr.link\/en\/blogs\/11146\/","title":{"rendered":"JPEA Survey Results on Photovoltaic System Cost Trends"},"content":{"rendered":"<div style=\"background: #f6f6f6;padding: 16px 24px;margin-bottom: 1em\">\n<div class=\"row\">\n<div class=\"large-8 small-12\">\n<h6 style=\"margin-bottom: 10px\">Japan Solar Update: No.72\u00a0 (Nov 20 ~ 24, 2023)\u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/h6>\n<\/div>\n<h6 class=\"large-4 small-12\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/rts-pv-wp.grgr.link\/en\/wp-content\/uploads\/sites\/3\/2023\/11\/PVsystem.jpg\" alt=\"PV system Cost Trend\" width=\"221\" height=\"142\" class=\"aligncenter\" \/><\/h6>\n<\/div>\n<\/div>\n<div>\n<p>At the 88th meeting of the Procurement Price Calculation Committee, the forecast of PV system cost for FY 2024 was reported based on the results of a questionnaire survey for members of the Japan Photovoltaic Energy Association (JPEA).<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211; Motivation for developing \u2265500kW projects is low, while for &lt;500kW projects, 60% responded the same as or higher than the previous year, probably because the rooftop installations (12 Yen\/kWh ($ 7.96 cents\/kWh)) fall into this category. Urgent issue is <span style=\"color: #ff0000\">to stimulate the operators\u2019 motivation for the development<\/span>.<\/p>\n<p>&#8211; <span style=\"color: #ff0000\">New cost increases and income declines<\/span> include a decrease in income from electricity sales due to the increased output curtailment and a decrease in income from electricity sales and higher insurance premiums due to a sharp increase in cable thefts, etc.<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<div style=\"background: #f5deb3;padding: 10 px;border: 2px#3399cc;border-radius: 5px\">\n<p><strong>&lt;Key points&gt;<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none\">\n<ul>\n<li>Decreasing revenues and increasing costs have become apparent due to increased output curtailment and a sharp increase in cable thefts, etc.<\/li>\n<li>JPEA requests consideration of purchase price, etc. based on actual cost trends, including new cost burdens<\/li>\n<li>Several wind power generation operators also reported difficulties in developing new projects due to increased costs caused by soaring material prices and the weak yen and requested the introduction and application of allowances for price hikes<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div>\n<div><\/div>\n<p>&nbsp;<\/p>\n<div>Major requests from JPEA:<\/p>\n<table>\n<tbody>\n<tr>\n<td style=\"width: 30%;background-color: #fff8dc\">Purchase price\/standard price for commercial PV for FY 2025<\/td>\n<td style=\"width: 70%\">Request for<span style=\"color: #ff0000\"> the consideration based on the actual cost trends<\/span> to stimulate the operators\u2019 motivation for the investment, realize sustainable cost reduction and achieve the introduction target for 2030<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 30%;background-color: #fff8dc\">Purchase price for residential PV for FY 2025<\/td>\n<td>\n<ul>\n<li>Request for the consideration of <span style=\"color: #ff0000\">maintaining the purchase price (16Yen\/kWh ($ 10.6 cents\/kWh))<\/span><\/li>\n<li>Importance of expanding the installation to existing houses with high potential of introduction, etc.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 30%;background-color: #fff8dc\">Tender scheme for commercial PV for FY 2024<\/td>\n<td>\n<ul>\n<li>Maximum price limit to be set at a level that stimulates operators\u2019 motivation for the investment<\/li>\n<li>Request to include \u2265250 kW projects as the subjects of the FIT tender as in FY 2023 and exclude rooftop systems from the tender as before<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 30%;background-color: #fff8dc\">Target of FIT\/FIP programs for commercial PV after FY 2025<\/td>\n<td>\n<ul>\n<li>The FIP target for FY 2025 (FIT non-selectable) should be at least \u2265250 kW and preferably \u2265500 kW as in FY 2023<\/li>\n<li>Request to maintain the target that can choose FIT\/FIP programs<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 30%;background-color: #fff8dc\">Requirements for local utilization of low-voltage project<\/td>\n<td style=\"width: 70%\">\n<p>Request to give approvals to the projects that meet the following requirements even if they do not meet the requirements of the self-consumption rate of 30% or more or the PV on farmland<\/p>\n<ol style=\"list-style-type: upper-alpha\">\n<li>Projects that are certified as promotion projects in promotional areas under the Act on Promotion of Global Warming Countermeasures<\/li>\n<li>Low-voltage PV installed on the land owned by local governments<\/li>\n<\/ol>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 30%;background-color: #fff8dc\">Measures to expand utilization of the FIP program<\/td>\n<td style=\"width: 70%\">Request to revise the reference price calculation method from the average of the previous year to the month, etc. and reconsider the method of price change when storage batteries are installed after the transition to the FIP program<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"featured_media":11169,"template":"","blogs_category":[50],"class_list":["post-11146","blogs","type-blogs","status-publish","has-post-thumbnail","hentry","blogs_category-pv-market-trend"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>JPEA Survey Results on Photovoltaic System Cost Trends | RTS Corporation<\/title>\n<meta name=\"description\" content=\"Based upon over 40 years of our experiences and accumulated knowledge in PV,RTS Corporation has been providing in RTS Corporation is a leading PV industry \/ market consultingcompany and has been supporting the growth of the PV industry for nearly 40 years.We provide an optimal consulting service for each client interested in the PV business.\u3000Weekly PV news is available at RTS PV Blog.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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