The forecast for mean Feed-In Tariff (FIT) for small hydro energy in Japan shows a steady increase from $0.26 in 2024 to $0.30 in 2028. In 2023, the FIT stood at approximately $0.25. Year-on-year, the FIT is expected to grow consistently by about 3.85%. Over the five-year period from 2024 to 2028, this results in a compound annual growth rate (CAGR) of approximately 3.7%.
Future trends to watch for in the small hydro sector include technological advancements that could either improve efficiency, thus lowering costs, or lead to regulatory changes aimed at boosting renewable energy investment. Additionally, shifts in government policy and global energy prices will play critical roles in shaping the future landscape of FIT rates.
