Daily News / Global Trends / Statistics / Wood pellets / Wood Products / Asia & Middle East / Global
January 29, 2018
Japanese government adapts the biomass subsidies as a response to demand growth
Japanese regulators announced at the end of 2017 about plans to stop the issuance of set price Feed-in-Tariff (FiT) subsidies for most biomass power plants, while the Ministry of Economy Trade and Industry (METI) will offer a set amount (in MWs of capacity) of FiT contracts for suppliers as to bid on in a new tendering system. The FiT subsidy was firstly introduced back in 2012 and the government has been receiving many responses to it. Starting September 2017, METI had already issued contracts for more than 16 GW of biomass capacity, far greater ...
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