For fiscal year 2023 and 2024, the FIT purchase price for offshore wind electricity from floating type offshore wind turbines was set at 36 Japanese yen per kilowatt hour. The price stayed at around the same level for floating turbines, while the price for fixed-bottom turbines indicated a decrease in recent fiscal years.
The feed-in tariff (FIT) system is a national system under which the unit price of electricity is fixed by the country. It is designed to increase investments in renewable energy systems by providing price certainty and long term contracts to renewable energy producers.
FIT purchase price for offshore wind electricity per kilowatt hour from fiscal year 2018 to 2024, by type
(in Japanese yen)
Characteristic
Fixed-bottom type
Floating type
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fiscal years 2018 to 2024; the fiscal year in Japan starts on April 1 and ends on March 31 of the following year
Special properties
excluding tax
Supplementary notes
*The FIT price for fixed-bottom turbines was set through a bidding system.
The source does not state a specific day of publication. Therefore, the day of access has been used.
Figures prior to 2021 come from previous reporting.
100 Japanese yen equal 0.72 U.S. dollars or 0.67 euros as of June 2023.
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ANRE (Japan). (June 30, 2023). FIT purchase price for offshore wind electricity per kilowatt hour from fiscal year 2018 to 2024, by type (in Japanese yen) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1304199/japan-offshore-wind-electricity-fit-price-per-kilowatt-hour-by-type/
ANRE (Japan). "FIT purchase price for offshore wind electricity per kilowatt hour from fiscal year 2018 to 2024, by type (in Japanese yen)." Chart. June 30, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1304199/japan-offshore-wind-electricity-fit-price-per-kilowatt-hour-by-type/
ANRE (Japan). (2023). FIT purchase price for offshore wind electricity per kilowatt hour from fiscal year 2018 to 2024, by type (in Japanese yen). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1304199/japan-offshore-wind-electricity-fit-price-per-kilowatt-hour-by-type/
ANRE (Japan). "Fit Purchase Price for Offshore Wind Electricity per Kilowatt Hour from Fiscal Year 2018 to 2024, by Type (in Japanese Yen)." Statista, Statista Inc., 30 Jun 2023, https://www.statista.com/statistics/1304199/japan-offshore-wind-electricity-fit-price-per-kilowatt-hour-by-type/
ANRE (Japan), FIT purchase price for offshore wind electricity per kilowatt hour from fiscal year 2018 to 2024, by type (in Japanese yen) Statista, https://www.statista.com/statistics/1304199/japan-offshore-wind-electricity-fit-price-per-kilowatt-hour-by-type/ (last visited August 25, 2024)
FIT purchase price for offshore wind electricity per kilowatt hour from fiscal year 2018 to 2024, by type (in Japanese yen) [Graph], ANRE (Japan), June 30, 2023. [Online]. Available: https://www.statista.com/statistics/1304199/japan-offshore-wind-electricity-fit-price-per-kilowatt-hour-by-type/
