Key Highlights
- Renewable energy market includes net generation of electricity through renewable sources. Market is segmented into hydroelectricity, wind, solar PV, biopower, and geothermal. Market volume represents the net volume of electricity produced through renewable means. Market value is calculated by multiplying the amount of electricity produced by the wholesale price.
- The Japanese renewable energy market recorded revenues of $34.17 billion in 2024, representing a compound annual growth rate (CAGR) of 6.5% between 2019 and 2024.
- Market production volume increased with a CAGR of 7.4% between 2019 and 2024, reaching a total of 276,837.4 GWh in 2024.
- Government policy and regulatory support have played a pivotal role in driving Japan’s renewable energy market during 2019-24. The transition to the Feed-in Premium (FiP) scheme in 2022 marked a significant policy shift, encouraging market-based pricing while still providing financial incentives for renewable energy producers.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in Japan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Japan
- Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Japan renewable energy market with five year forecasts
Reasons to Buy
- What was the size of the Japan renewable energy market by value in 2024?
- What will be the size of the Japan renewable energy market in 2029?
- What factors are affecting the strength of competition in the Japan renewable energy market?
- How has the market performed over the last five years?
- What are the main segments that make up Japan's renewable energy market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Tokyo Electric Power Co Holdings Inc
- Tohoku Electric Power Co Inc
- The Kansai Electric Power Co Inc
- Iberdrola SA