Japan Mulls Solar Auctions in Overhaul of Renewables Incentives
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A Japanese government task force is considering auctioning as a way to manage the awarding of solar projects amid an overhaul of an incentive program to encourage clean energy.
The auction system is one option under consideration by a panel set up by the Ministry of Economy, Trade and Industry to review the country’s incentive program for renewable energy. The program began in July 2012 to diversify the country’s energy sources.