7th Biomass Auction (FY2024)
Status: Results announced
Overview
Subsidy scheme:
FIP
Eligible assets:
Biomass power plants using general wood with 10MW+ output and power plants using liquid biofuel
Contract period:
20 years
Price ceiling:
17.8 yen/kWh
* Price ceiling was not disclosed in advance.
Capacity sought:
30000kW
Results
Avg. awarded price:
0 yen/kWh
Succesful bids:
0
Capacity awarded:
0kW
Capacity revoked:
0kW
Net capacity awarded:
0kW
Share of capacity sought:
0%
Timeline
Business plan by:
September 20, 2024
1st deposit by:
October 25, 2024
Bid submission by:
October 28, 2024
Results announcement:
November 5, 2024
2nd deposit by:
November 19, 2024
Obtain certification by:
June 6, 2025
