{"id":12989,"date":"2024-11-07T08:45:58","date_gmt":"2024-11-06T23:45:58","guid":{"rendered":"https:\/\/rts-pv-wp.grgr.link\/en\/?post_type=blogs&#038;p=12989"},"modified":"2024-11-07T08:42:50","modified_gmt":"2024-11-06T23:42:50","slug":"non-fossil-certificate-trade-slumps-but-renewables-surge-ahead","status":"publish","type":"blogs","link":"https:\/\/rts-pv-wp.grgr.link\/en\/blogs\/12989\/","title":{"rendered":"Non-Fossil Certificate Trade slumps but Renewables Surge Ahead"},"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.121 (Nov 4 ~ 8, 2024)\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\/2022\/10\/No10.jpeg\" alt=\"Green\" width=\"185\" height=\"128\" class=\"alignnone  wp-image-11702\" \/><\/h6>\n<\/div>\n<\/div>\n<p>The Japan Electric Power Exchange (JEPX) has announced the results of the first non-fossil value trading market for fiscal year 2024, and it\u2019s a mixed bag.<\/p>\n<p>&nbsp;<\/p>\n<p>On one hand, the demand for non-FIT (Feed-in Tariff) non-fossil certificates without renewable energy designation dropped by a staggering 97.7% compared to last year, with the volume falling to 2.6 billion kWh. On the flip side, certificates with renewable energy designation saw a massive boost, increasing 2.8 times to 17.3 billion kWh. Despite the big shifts in volume, prices stayed glued to the lower limit of 0.6 yen per kWh.<\/p>\n<p>&nbsp;<\/p>\n<p>Starting this round, JEPX has begun tracking all non-fossil certificates, adding a layer of transparency to the system. Meanwhile, the market for renewable energy value trading where FIT certificates are traded remains hot. Contract volume surged by 69.1% compared to FY 2023, hitting a record high of 143.8 billion kWh. The contracted price was at the lower limit of 0.4 yen\/kWh, and the highest contracted price was 0.61 yen\/kWh.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"featured_media":9046,"template":"","blogs_category":[50],"class_list":["post-12989","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>Non-Fossil Certificate Trade slumps but Renewables Surge Ahead | 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 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