New Feed-in Tariff System a Rush to Get Renewables in Play (The Japan Times)
On July 1, a new law takes effect in Japan, requiring utilities to purchase electricity generated from five renewable energy sources at a fixed price for a set length of time, under what is known as a feed-in tariff system.
Geothermal plants producing more than 15 megawatts get ¥27.30 for 15 years, while those producing under that amount get ¥42/kwh, also for 15 years.
