3nd Fixed-Bottom Offshore Wind Auction (FY2024, FIT)

Status: Results announced

Overview

Subsidy scheme:

FIP

Eligible assets:

Fixed-bottom offshore wind power plants not subject to the Sea Areas Utilization for Renewable Energy Act

Contract period:

20 years

Price ceiling:

24 yen/kWh

* Price ceiling was not disclosed in advance.

Capacity sought:

190000kW

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

Japan Energy Hub Free members can see more details about each renewable energy auction as well as parts of our other modules.

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