<p>This white paper explores Japan’s offshore wind challenges and outlines strategic pathways to overcome market bottlenecks for growth. The paper provides short-term and long-term recommendations to improve the effectiveness and competitiveness of future auction rounds, focusing on three areas: auction framework, offtake mechanisms, and other market bottlenecks around certification, curtailment, and supply chain visibility.</p>

Unlocking Japan's Offshore Wind Potential: Strategic Pathways to Overcome Market Bottlenecks and Drive Industrial Growth

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Offshore wind report

Japan

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An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

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Justice is the ethical and political framework that addresses fairness, including issues of responsibility, rights, and structural inequity.

Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

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Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Area of the economy in which actors engage in identical or related activities.

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A policy instrument designed to support the development and acceleration of renewable energy sources by providing a guaranteed, above-market price for producers.

Codes and standards are regulatory instruments that specify minimum standards to protect health and safety. This ranges from performance standards, which prescribe outcomes while allowing flexibility to achieve compliance, to the more prescriptive approach of technology-specific standards.

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the fair distribution of risks and opportunities of climate change and the transition to a regenerative economy, cognisant in particular of disproportionate impacts on vulnerable communities and the working class

Procedural justice means ensuring that decision making is safe, transparent and inclusive, emphasizing the agency and influence of vulnerable groups and those most impacted.

Unlocking Japan's Offshore Wind Potential: Strategic Pathways to Overcome Market Bottlenecks and Drive Industrial Growth

Target

Policy instrument

Risk

Just transition

Climate justice

Renewable energy

Fossil fuel

Economic sector

Adaptation/resilience

Finance