Opening Remarks - renewable-ei.org€¦ · Proportion of Electricity Traded in the Market *Values are for volume of spot trading except Korea and Japan. 12 *Source: EC, “2009-2010

1

Opening Remarks

March 9, 2012

Masayoshi Son

Founder and Chairperson

Japan Renewable Energy Foundation

2

Until March 10, 2011

Indifferent

to

Energy Issues

March 11, 2011

Energy became

a big issue

for the nation

3

4

Many days spent

in search of solutions

5

One potential

solution

Renewable

Energy

6

Announced on April 20, 2011

Established on August 12, 2011

7

September 12 Asia Super Grid Concept announced

International Workshop on FIT

Submitted a Proposal to the Japanese

Government (RE: Ideal design of FIT)

International Symposium

Japan’s disparity with the

world became apparent

August 12, 2011

International Experts’ Meeting September 13

December 8

March 6, 2012

Establishment

8 *Sources: IEA Global Renewable Energy Policies and Measures, RES LEGAL (Legal sources on renewable energy) etc.

*Includes countries introducing FIT on the state/provincial level

Germany France Italy U.K.

Turkey South Africa Canada Australia

Argentina

Indonesia S. Korea China

Spain Switzerland Austria

Portugal Bulgaria Czech Republic Greece Hungary Slovak Republic

Cyprus Ireland Israel Slovenia Estonia Lithuania Sri Lanka

Denmark Netherlands Kenya Algeria Croatia Ukraine Uganda

Macedonia Nicaragua Mongolia Pakistan Albania Norway Serbia

and more…

Countries adopting FIT

What are

the

details?

Targeted

for

Liberalization

(EHV/HV)

Not

Targeted

(Low Voltage)

Total Power Demand

1000 TWh

Residential

power supply

virtually monopolized

2000 Liberalization of EHV

(Extra High Voltage)

2004 Partial liberalization of HV

2005 Complete liberalization of HV

*Source: Handbook of Electric Power Industry 2010

33%

9

10

Conventional

Power

Suppliers

96%

New Power Producers

& Suppliers (PPS)

3.6%

Present share of the liberalized market

Liberalized market,

but little competition

(Oligopoly)

*As of December 2011

*Source: Ministry of Economy, Trade and Industry “Report on Electric Power Statistics FY2011 – Outline of Total Demand Bulletin”

11

Germany

U.K.

Italy Spain

Sweden

*Canada and the U.S. operate

state/province-based policies.

Canada U.S.

Finland Denmark

France

S. Korea

Austria

Belgium Greece

Separation of generation and transmission

among OECD countries

Ireland

Czech Republic

Hungary

Poland

Portugal Slovak Republic Slovenia Netherlands

Iceland

Luxembourg

Switzerland

Turkey Australia

New Zealand

Mexico

Chile

Israel Estonia

Norway

Japan

Only 2

exceptions

Unbundled Not Unbundled

0%

3%

11%

25%

67%

80%

96%

Proportion of Electricity Traded in the Market

*Values are for volume of spot trading except Korea and Japan.

*Source: EC, “2009-2010 Report on Progress in Creating the International Gas and Electricity Market, Technical Annex”

Electricity Trading

lacking in substance

Germany

France

U.K.

Italy

Sweden

Japan

S. Korea

0.4%

97%

80%

67%

25%

11%

3%

12

13

✔ Feed-in Tariff ?

✔ Retail liberalization ×

✔ Independent

grid operators ×

✔ Active

electricity market ×

World

Stagnant

Lagging behind

the rest of

the world

取引所

14

What should we do now?

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REvision 2012 New Renewable Direction for Japan

16

Policy Market Grid Business

REvision 2012 New Renewable Direction for Japan

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Asia Super Grid

18

Bhutan

Gobi Desert

Shanghai

Taipei

Delhi

Mumbai

Singapore

Seoul

Manila

Dhaka

Bangkok

Hong Kong

Kuala Lumpur

Tokyo

Vladivostok

Asia

Super Grid

Chengdu

Beijing

19

Energy for Peace in Asia

20

The usage of farmlands within the affected area

yet to be determined (more than 400 ha)

Minamisoma City

Use for

solar power

generation

(Special Zone for Reconstruction)