Further to its enactment and promulgation in May 2024, the Hydrogen Society Promotion Act (the "Act") – Japan's first law regulating businesses relating to hydrogen and its derivatives – came into effect on October 23, 2024....more
On 17 May 2024, the Japanese parliament approved two energy-related bills into law:
- the Hydrogen Society Promotion Act1; and t
- he CCS Business Act.2
These are Japan's first laws relating to the business of hydrogen...more
The Japanese government released the results of the remaining "Round 2" offshore wind auctions. A consortium of Japanese and foreign developers was selected. Meanwhile, the next "Round 3" auctions are in progress....more
In January 2024, the Japanese government released its "Interim Summary Report" in relation to its hydrogen strategies. The Report summarizes Japan's latest plans on hydrogen, including updates on the proposed...more
In June 2023, the Japanese government revised its "Hydrogen Basic Strategy" for the first time since its creation in 2017. The revised Hydrogen Basic Strategy sets out Japan's hydrogen strategy for the next five years....more
Power Development Plan VIII ("PDP8") calls for expansions to renewable energy generation and development of LNG facilities to aid a gradual phase-out of coal-fired power plants. The plan will require US$134.7 billion in...more
In recent years, there has been a laser focus on climate change. However, throughout the world, recent events have pushed energy security to the top of the agenda. To meet short-term needs, some governments have begun to roll...more