Forecast: Renewable Energy Supply in Japan

In 2023, Japan's renewable energy supply stood at 6.5% of the Total Primary Energy Supply. The forecasted data indicates a consistent growth in renewable energy supply, with a year-on-year increase of around 1.47% from 2024 to 2028. Over the last two years, from 2026 to 2027 and from 2027 to 2028, the growth rates exhibited slight yet steady increases. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is projected to be approximately 1.45%.

Trends to watch for in the future include advancements in renewable energy technology, government policies promoting sustainable energy, and public and private sector investments in green energy infrastructure. These factors will likely drive the continuous growth of renewable energy’s share in Japan's energy mix.

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