175x Filetype PPTX File size 2.03 MB Source: www.iges.or.jp
Japan’s policy measures for low carbon technology development and investment, and the examples The joint crediting mechanism (JCM) L2-tech Japan initiative 2 Japan’s mitigation target in the INDCs GHG emissions per GDP: More than Overall target: A reduction of 26.0% of 40% ↓ GHG emissions by FY 2030 compared to GHG emissions per capita: About 20% ↓ FY 2013 (25.4% reduction compared to Energy efficiency: 35% ↑ FY 2005) (approx. 1.042 billion t-CO eq 2 Share of renewable energy in total as 2030 emissions) power generation: Approx. 22-24% 1278 TWh Geothermal: Energy savings: 1.0-1.1% Economic growth: 17% Biomass: 1.7%/a 1065 TWh 3.7-4.6% Energy Wind: 1.7% savings + Renewables: Renewables: Energy savings: renewable 22-24% Solar: 7.0% 196.1 TWh 19-20% (-17% from the energies: case w/o 40% Hydropower: savings) Nuclear: Nuclear: 8.8-9.2% 17-18% 20-22% 966.6 980.8 Power TWh TWh generation LNG: 22% LNG: 27% mix in FY2030 Electricity Coal: 25% Coal: 26% Electricity demand Oil: 3% generation Oil: 2% FY 2013 FY 2030 FY 2030 3 A mix of policy measures for de-carbonization Special account for Investment for de- energy policy carbonization Regulation and [MOEJ] JPY 1564 bill. mainly for standard commercial and residential sectors Approx. JPY 100 trillion through 2030 (cumulative) e.g., Energy Conservation Law, [METI] JPY 3677 bill. mainly for top-runner program industry and energy conversion Renewables Taxation Other Budget Feed-in tariff scheme incl. tax reduction measures Approx. JPY 1 trillion in 2015 JPY 289* “Carbon Tax as Global Warming Countermeasures” Add. carbon tax rate Petroleum and coal JPY tax 779 Crude oil/ JPY Gaseous Energy tax rate Oil products 400 hydrocarbon JPY (LPG/LNG) 301 Coal Tax rate: JPY 289/t-CO for all fossil fuels; Enforcement: Since Oct. 2012, increasing over 3.5 years Tax rate: JPY 289/t-CO2 for all fossil fuels; Enforcement: Since Oct. 2012, increasing over 3.5 years 2 st st (Apr. 1, 2014 and Apr. 1, 2016); Revenue: JPY 39 bill. (1 year); JPY 260 bill. (since Apr., 2016); Tax (Apr. 1, 2014 and Apr. 1, 2016); Revenue: JPY 39 bill. (1 year); JPY 260 bill. (since Apr., 2016); Tax use: Earmarked for curbing energy-related emissions. use: Earmarked for curbing energy-related emissions. 4 MOEJ’s measures for renewable energy development For the maximal introduction, measures are taken in all phases of RD&D For the maximal introduction, measures are taken in all phases of RD&D → Demonstration of floating offshore wind power generation Wind → Gathering info of EIA regarding wind and geothermal Geothermal → Promotion of low-carbon society utilizing geothermal power → Promotion of communities using wood-based biomass power and heat Biomass → Building a regional-recycling biogas system → Promotion of low emission waste -to-energy system Hydropower → Promotion of hydropower generation utilizing in waterworks Ocean → Demonstration of tidal power generation Maximum usage of regional-based renewable energy resources Utilization of renewables with hydrogen and battery Utilize residual renewables to produce and utilize hydrogen for fuel cell and FCVs. Utilize batteries to normalize fluctuations of solar and wind power generation. Financial support for local municipalities ‘Green New Deal’ fund; Create leading low-carbon and renewable-oriented communities. 5 An example: Support for building low-carbon society Realize an autonomous, distributed and disaster resilient low-carbon communities Realize an autonomous, distributed and disaster resilient low-carbon communities by: Full demonstration of renewables, storage, and interchange with micro-grids by: Full demonstration of renewables, storage, and interchange with micro-grids Schem Schem e e MOEJ MOEJ Nonprofit Nonprofit Organization Organization Municipalities/ Municipalities/ Private firms Private firms Period: Up to three years; Grant: Up to 75% Sites Period Renewables Sites Period Renewables Nanao, FY2014-16 PV, BDF, binary Higashi-matsushima, FY2014-16 PV, BDF Ishikawa cycle power Miyagi Suita, FY2014-15 PV Nagoya, Aichi FY2014-16 PV, biomass, Osaka gas-CHP 6
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