Economics
Pricing, Deregulation Key to Japan Clean Energy After Bill
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Japanese companies may wait to invest in clean energy technology until the government determines renewable energy tariffs and a framework for deregulating the nation’s power industry, long monopolized by regional utilities.
The country’s parliament on Aug. 26 passed a clean energy bill that guarantees above-market rates for wind, solar and geothermal energy and will take effect in 10 months. The so-called feed-in tariff created a race to install solar panels when implemented in Germany and Spain.