Japanese Solar Summers May Trim Peak Fossil Fuel Power Costs
- Solar generation accounted for 3.6% of Japan’s summer power
- German peak power prices halved over 5 years amid solar use
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Japan’s peak power prices may ease as the country’s solar-power expansion taps scorching summers to displace fossil fuels.
The resource-poor country, which has boosted solar capacity more than sevenfold since 2011, may follow a similar path as Germany, where electricity prices fell along with fossil fuel use during high consumption periods, according to Trevor Sikorski, an analyst at Energy Aspects Ltd. in London.