3rd Onshore Wind Auction (FY2023, FIP)

Status: Results announced

Overview

Subsidy scheme:

FIP

Eligible assets:

Onshore wind power plants

Contract period:

20 years

Price ceiling:

15 yen/kWh

Capacity sought:

1000000kW

Results

Avg. awarded price:

14.08 yen/kWh

Succesful bids:

20

Capacity awarded:

1000000kW

Capacity revoked:

0kW

Net capacity awarded:

1000000kW

Share of capacity sought:

100%

Timeline

Business plan by:

September 22, 2023

1st deposit by:

October 26, 2023

Bid submission by:

October 27, 2023

Results announcement:

November 2, 2023

2nd deposit by:

November 17, 2023

Obtain certification by:

June 3, 2024

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

Japan Energy Hub PPA Report

Submit the form to register CPPAs in 2025: Market Overview, Trends and Opportunities report’s “early bird” pricing.

Monthly Report - The Japanese Power Industry Executive

Submit the form below to receive a sample issue of The Japan Power Industry Executive.