Changes to decommissioning reserve requirements for solar power projects

The Act on Special Measures Concerning the Procurement of Renewable Energy Electricity by Electricity Solar-Power Generation Operators (Law 108 of 2011) (the Special Measures Act) introduced the feed-in tariff (FIT) system in Japan. The act was partially amended by article 3 of the cross-sectoral Law for Partial Amendment of the Electricity Business Act, etc., in order to Establish a Resilient and Sustainable Electricity Supply System, which was promulgated in June 2020.The amendments to the Special Measures Act, pursuant to the Law for Partial Amendment of the Electricity Business Act, etc., in order to Establish a Resilient and Sustainable Electricity Supply System (the amendments), are scheduled to come into effect on 1 April 2022. The amendments require operators of solar-power…To read the full article, please see the PDF file

This article was originally published in the Energy & Natural Resources  Newsletter of the International Law Office - http://www.lexology.com/commentary.