Japan
With a power score of 2.14, Japan ranks number 21 among developed markets and number 33 in the global power ranking.
- Developed markets
- Asia-Pacific
2.14 / 5
Power score
+10 places
Global power rank change
Overview
Japan has a power score of 2.14, which puts it at rank 33 in the global power ranking, and rank 21 in the developed markets power ranking. In comparison to 2021, Japan has improved in the power rankings by 17 places, from rank 50, to rank 33.
At 2.14, the power score of Japan is better than the regional average of 1.88 in the Asia-Pacific region.
Regional power score comparison
Power
Power policy
Japan implements policies in 3/6 power policy categories tracked by Climatescope, including Renewable energy target, Renewable energy auction, Feed-in Tariff, Net Metering, Import tax incentives, VAT incentives.
Power policies
Power prices and costs
The average electricity price in Japan has increased from 171.38 USD/MWh in 2021 to 233.55 USD/MWh in 2022. Since 2020, the average electricity price in Japan has fluctuated between 171.38 USD/MWh (2021) and 233.55 USD/MWh (2022).
Power market
The top amount of capacity installed in Japan in 2022 was in Solar PV at 29.01%, up from 27.31% in 2021.
Installed capacity (in MW)
Electricity generation (in GWh)
The largest electricity generating technology in Japan in 2022 was Coal, generating some 31.51% of electricity, down from 32.53% in 2021. The technology with the biggest increase in eletricity generation in 2022 was Oil & Diesel at 8.22%, up from 5.37% in 2021.
Investment in clean energy in Japan was around $7531.57 million in 2022, a decrease of 41.4% from 2021 ($12851.45 million). Between 2017 and 2022, the highest investment in clean energy was in 2018 at $14963.51 million, while the lowest was in 2022 with $7531.57 million.
Utility privatisation
Which segments of the power sector are open to private participation?
Type
Question
Availability
Wholesale power market
Does the country have a wholesale power market?
Doing business and barriers
Type
Question
Availability
Currency of PPAs
Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
Type
Question
Availability
Bilateral power contracts
Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
Type
Question
Availability
Fossil fuel price distortions - Subsidies
Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
Type
Question
Availability
Fossil fuel price distortions - Taxes and carbon prices
Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?
Transport
Transport policy
Japan implements policies in 5/9 transport policy categories tracked by Climatescope, including Clean transport target, National ICE phase-out, EV purchase grant/loan incentive, EV VAT reduction/exemption, EV import tax reduction/exemption, EV income tax reduction/exemption, EV recurring tax reduction/exemption, EV charging infrastructure target, E-bus target.
Transport policies
Type
Question
Availability
Fuel economy standards
Does the country have a fuel economy standard in place?
