Japan: Energy Law

Japan's third long-term decarbonized power source auction reveals a strategic shift in the country's energy transition, with LNG-fired thermal power receiving significantly increased capacity awards while battery energy storage faces stricter requirements and reduced allocations. The results reflect heightened geopolitical considerations, including country-of-origin limitations on battery equipment and an emphasis on energy resilience, alongside measures to accommodate rising project development costs throu

In a bid to align its low-carbon hydrogen standards with international counterparts, Japan's Ministry of Economy, Trade and Industry has taken the decisive step to tighten the carbon intensity standard for low-carbon ammonia.

Approaches to building a "decarbonized" society are becoming more and more important, and as such transitioning from fossil fuels to renewable energy has become an imperative global goal and EVs...