In 2023, the mean Feed-In Tariff (FIT) for wind energy in Japan stood at $0.30 per kWh. The forecasted FIT values for the subsequent years are: $0.31 for 2024, $0.33 for 2025, $0.34 for 2026, $0.35 for 2027, and $0.36 for 2028.
The year-on-year variations indicate a steady increase:
- 2024-2025: +6.45%
- 2025-2026: +3.03%
- 2026-2027: +2.94%
- 2027-2028: +2.86%
Looking at the average variation per year over the forecasted period (2024-2028), the Compound Annual Growth Rate (CAGR) is approximately +3.67%.
Future trends to watch for include advancements in wind energy technology, potential government policy changes impacting FITs, and fluctuations in the global energy market that may influence Japan’s renewable energy strategy.
