Forecast: Total (Excluding Solid Biofuels) Renewable Energy in Japan

In 2023, the share of total renewable energy (excluding solid biofuels) in Japan's Total Primary Energy Supply stood at a notable figure. Moving into forecasted data for 2024, the share increases to 5.54%, and continues on an upward trend reaching 6.61% by 2028. Year-on-year variations show a consistent growth pattern: with an increase of 4.9% from 2024 to 2025, 4.6% from 2025 to 2026, 4.3% from 2026 to 2027, and 4.3% from 2027 to 2028. The compound annual growth rate (CAGR) over this forecast period (2024-2028) averages around 4.5% per year.

Future trends to watch for include advancements in renewable technologies, government policies favoring green energy, and potential economic incentives that might further accelerate this growth. Japan’s commitment to sustainability and reducing carbon emissions will likely continue to support the increase in renewable energy sources in the coming years.