Technical FAQs 4

How big is Japan's energy storage capacity?

Global energy storage capacity was estimated to have reached 36,735MW by the end of 2022 and is forecasted to grow to 353,880MW by 2030. Japan had 1,671MW of capacity in 2022 and this is expected to rise to 10,074MW by 2030. Listed below are the five largest energy storage projects by capacity in Japan, according to GlobalData’s power database.

Will Japanese energy storage projects have a merchant component?

Future large-scale projects that have a merchant component are set to increase as sophisticated players from more mature power markets such as Australia, UK and US enter the Japanese energy storage market.

Why is offshore wind power generation attracting attention in Japan?

The biggest problem, among others, is the limited amount of land available to accommodate wind farms in Japan due to the country’s mountainous terrain. To address this challenge, offshore wind power generation is attracting attention. Offshore wind power generation has the following characteristics:

What is Japan's first energy storage project?

In 2015, we started Japan's first demonstration project covering energy storage connected to the power grid in the Koshikishima, Satsumasendai City, Kagoshima. This project is still operating in a stable manner today. One feature of our grid energy storage system is that it utilizes reused batteries from EVs.

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