Japan Offshore Wind Auctions Need Revamp, Industry Group Says

Japan’s offshore wind auctions should include broader feedback and a better pricing criteria, according to an industry group, following setbacks that have dented the country’s plans to decarbonize.

The auction process needs to include industry participants who have “hands-on experience from the front lines of offshore wind development,” the Global Wind Energy Council recommended in a white paper published on Monday. Currently, reviews are discussed within a panel at the nation’s trade ministry, mainly among committee members from academia, the group said.