As Japan pushes toward its 2050 net-zero emissions goal, the expansion of offshore wind power (OWP) into its exclusive economic zone (EEZ) is a critical element of the strategy. In this August Industry Insight, GR Japan examines the emerging opportunities within the EEZ for floating wind farms. While recent legislative delays have slowed progress, the potential impact on Japan's energy landscape is significant. Key challenges lie in building supply chains, reducing costs, and ensuring effective stakeholder coordination. If successful, this initiative could be transformative for Japan’s clean energy future and open new avenues for industry involvement.
For a more detailed analysis, please check the attached PDF.
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20240819 GR Japan Industry Insight energy_2.pdf | 1.31 MB |