Japan Proposes Wind, Geothermal Power Feed-in Tariff (Update1) - Bloomberg.com - 0 views
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Energy Net on 29 Mar 10"A Japanese trade ministry panel today proposed expanding the feed-in tariff to require utilities to buy electricity at a premium from hydropower stations, wind turbine and geothermal operators. Utilities may have to buy renewable power at between 15 yen (17 cents) and 20 yen a kilowatt hour, according to a report released in Tokyo today. The incentive program would run for between 10 and 20 years, it said. The government wants to supply 10 percent of the country's primary energy from renewable sources by 2020, compared with about 3 percent in 2007, according to the International Energy Agency. The proposed tariff compares with 5 to 7 yen a kilowatt hour utilities pay for nuclear power and about 8 yen for oil- fired generation, said Tomohiro Jikihara, an analyst at Deutsche Securities Inc. in Tokyo. "