{"id":11754,"date":"2024-02-27T11:49:38","date_gmt":"2024-02-27T02:49:38","guid":{"rendered":"https:\/\/rts-pv-wp.grgr.link\/en\/?post_type=blogs&p=11754"},"modified":"2024-02-27T11:49:49","modified_gmt":"2024-02-27T02:49:49","slug":"major-policies-starting-from-fy-2024","status":"publish","type":"blogs","link":"https:\/\/rts-pv-wp.grgr.link\/en\/blogs\/11754\/","title":{"rendered":"Major policies starting from FY 2024"},"content":{"rendered":"
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Japan Solar Update: No.85 (Feb 26 ~ March 1, 2024)\u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/h6>\n<\/div>\n
\"Policy<\/h6>\n<\/div>\n<\/div>\n

The revised Renewable Energy Act is scheduled to be enacted on April 1, 2024.<\/p>\n

 <\/p>\n

\n

<Key points><\/strong><\/p>\n

    \n
  • \n
      \n
    • The revised Act on Special Measures Concerning Procurement of Electricity from Renewable Energy Sources by Electricity Utilities (the revised Renewable Energy Act) is scheduled to be enacted on April 1, 2024, which is expected to promote the improvement of the environment for grid management and additional investment in existing renewable energy generation facilities (repowering)<\/li>\n
    • The business discipline will be strengthened and the following measures will be taken: Requiring to hold briefing sessions to local residents as a requirement to obtain the FIT\/FIP approval; taking measures to prevent and promptly solve any violation of the rules; and ensuring the appropriate disposal related to the additional installation and replacement of PV modules<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div>\n

       <\/p>\n

      \n
      \n

      Revised Renewable Energy Act <\/strong><\/span>Will be enacted on April 1, 2024<\/span><\/p>\n<\/div>\n

       <\/p>\n

      <\/div>\n
      \n

      (1) Environment improvement for grid management<\/strong> which contributes to the introduction of renewable energy (RE)<\/p>\n<\/div>\n

      \n

      (2) Promotion of additional investment <\/strong>for the maximum utilization of existing RE generation facilities<\/p>\n<\/div>\n

       <\/p>\n

      <\/div>\n
      <\/div>\n

       <\/p>\n

       <\/p>\n

      Promotion of repowering<\/span><\/strong><\/div>\n
      \n

      Establish a new scheme applying new purchase prices that are set separately from the existing facilities to the additionally invested facilities<\/span><\/p>\n<\/div>\n

      \n

       <\/p>\n

      \n

      (3) Strengthening of the business discipline to introduce RE in harmony with local communities<\/strong><\/p>\n<\/div>\n

       <\/p>\n

       <\/p>\n

       <\/p>\n

      \n

      1. Tighten approval procedures concerning the acquisition of related approvals and permits<\/p>\n<\/div>\n

       <\/p>\n

       <\/p>\n

       <\/p>\n

       <\/p>\n

      <\/div>\n
      Enacted in October 2023<\/strong><\/div>\n
      \n

      Requiring to obtain approvals and permits related to development of the land which may lead to disaster risks as a requirement for the application for the FIT\/FIP approval<\/p>\n<\/div>\n

      \n
      \n

      2. Requirement to hold briefing sessions for local residents, etc., for the FIT\/ FIP approval<\/span><\/p>\n<\/div>\n

       <\/p>\n

       <\/p>\n

      Require prior notification to neighboring residents such as holding briefing sessions<\/span><\/p>\n<\/div>\n<\/div>\n

      \n

      It will be required to hold briefing sessions for extra-high and high voltage facilities and give prior notification other than briefing sessions in principle for low voltage facilities*<\/p>\n

      * Rooftop and residential PV systems are not subject to the prior notification<\/p>\n<\/div>\n

      <\/div>\n
      <\/div>\n

       <\/p>\n

      \n

      Scope of the \u201cNeighboring residents”<\/strong><\/p>\n<\/div>\n

      <\/div>\n
      <\/div>\n
      <\/div>\n

       <\/p>\n

      Residents who live in a certain distance from the borderline<\/span> between the project locations facilities and neighboring areas<\/div>\n
      <\/div>\n
      \n

      Low voltage: 100 m; Extra-high and high voltage: 300 m; The target of the environmental impact assessment (EIA) (Only first-class projects): within 1 km<\/p>\n<\/div>\n

      \n

      Change of project business plan<\/strong><\/p>\n<\/div>\n

      <\/div>\n
      <\/div>\n
      <\/div>\n
      <\/div>\n
      <\/div>\n

       <\/p>\n

      Required to re-hold briefing sessions, etc., when applying for the approval of change<\/span><\/div>\n
      \n

      Example of change\u00a0 \u00a0 In case of increasing the approved output or PV module output by<\/p>\n

      \u00a0\u2265 20% or \u2265 50 kW<\/span><\/p>\n

      Present concrete requirements such as the contents of the briefings<\/strong> (briefing lists, proceedings, etc.), the dates of the briefings<\/strong><\/p>\n<\/div>\n

      \u00a0<\/div>\n

      \u00a0<\/span><\/p>\n

      \n
      3. Clarify the responsibility of FIT\/ FIP-approved business operators<\/div>\n
      <\/div>\n

       <\/p>\n

      Outsourced companies of the projects must also comply with the approval standards, etc.<\/div>\n
      \u00a0<\/div>\n

      \u00a0<\/span><\/p>\n

      \n
      \n

      4. Take measures to prevent and promptly solve any violation of the rules<\/p>\n<\/div>\n

      <\/div>\n

       <\/p>\n

      Temporal suspension of FIT\/FIP grants, etc., in the case of any violation<\/div>\n
      \u00a0<\/div>\n

      \u00a0<\/span><\/p>\n

      \n
      \n

      5. Ensuring the appropriate disposal related to the additional installation and replacement of PV modules<\/p>\n<\/div>\n

      <\/div>\n

       <\/p>\n

      Accumulate external reserve funds all at once at the time of the approval of change<\/div>\n
      <\/div>\n

       <\/p>\n<\/div>\n<\/div>\n<\/div>\n

      \n

       <\/p>\n

      Figure 1 Summary of the revised Renewable Energy Act <\/span><\/p>\n

      Source: Materials of Ministry of Economy, Trade and Industry (METI), compiled by RTS Corporation<\/span><\/p>\n<\/div>\n<\/div>\n","protected":false},"featured_media":11846,"template":"","blogs_category":[44],"class_list":["post-11754","blogs","type-blogs","status-publish","has-post-thumbnail","hentry","blogs_category-regulations-government-initiatives"],"acf":[],"yoast_head":"\nMajor policies starting from FY 2024 | 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, max-image-preview:large, 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