→Back |
Basis: Special Measures Law Concerning the Use of New Energy by Electric Utilities (promulgated 7th June 2002) imposing an obligation on electricity retailers to use a certain amount of electricity from new energy ( hereinafter referred to as "New Energy Electricity"), according to the amount of their retailing electricity in order to ensure the stability and suitability of energy supply, based on "Special Measures Law Concerning the Use of New Energy by Electric Utilities"( hereinafter referred to as the "RPS Law"). An obligation bearing electricity retailer may, choose to meet its obligation from the following options, @. by genaration of electricity oneself, A. by purchasing the new energy electricity from another party, or B. by purchasing an "New Energy Certificates" from another party. To take measures relating to the supply of new energy by electricity retailers in order to enhance the stability of energy supply, thereby contributing to environmental conservation and furthering the overall healthy development of the national economy. |
||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||
![]()
To take measures relating to the use of new energy by electricity retailers in order to enhance the
stability of energy supply, thereby contributing to environmental conservation and furthering the overall healthy development of the national economy. |
||||||||||||||||||||||||||||||||||
![]()
|
||||||||||||||||||||||||||||||||||
![]()
The Minister of Economy, Trade and Industry establishes annual targets of utilization of electricity from
new energy by electric retailers. The target for 2014 is 16.0 TWh.
( TWh / fiscal year )
|
||||||||||||||||||||||||||||||||||
![]()
The Minister for Economy Trade and Industry, in consideration of the usage target, imposes an obligation
on electricity retailers to use a certain amount of electricity from new energy.
1) Calculation Method for the Obligation Amount
Obligation Amount” = “Supply Volume of the Electricity Retailer (for Previous Year)” *
“Usage Target Rate ” * “Adjustment Rate”
Where
“Usage Target Rate ” = “National Usage Target (for Corresponding Year)” / “National Volume
of Electricity Supply (for Previous Year)”
“Adjustment Rate” = “Rate Accounting for the Situation of Voltage Variation that Necessarily
Accompanies the Installation of New Energy Generation Facilities (Value 1 - 0.9)”
2) Adjustment Method for the Obligation Amount Transitional Measures
As transitional measures, the following adjustment method has been determined in order to
provide an adjustment over the seven years following enactment of the law (ie, leading up to the year before 2010) that set practical implementation targets for each retailer based on their actual prior results;
“Post Adjustment Obligation Amount” = “Pre Adjustment Obligation Amount”
/ “Usage Target Rate” * “Adjusted Usage Target Rate”
Where
“Adjusted Usage Target Rate" = “Usage Target Rate” - {(“Existing Rate of Use of Top-
Runner” - “Own Existing Rate of Use”) * “Progressive Adjustment Rate”}
“Existing Rate of Use” = “Volume of New Energy Based Electricity Supply (for the year
2002)” / ”Total Electricity Supply (for the fiscal year 2002)”
( TWh / fiscal year )
![]() |
||||||||||||||||||||||||||||||||||
![]()
The Minister for Economy Trade and Industry, in consideration of the usage target, imposes an obligation on electricity retailers to use a certain amount of electricity from new energy.
1) Way to Fulfill the Obligations
An obligation bearing electricity retailer may, choose to meet its obligation from the following options whichever method is deemed most appropriate by economic or other considerations
Procedure Details
2) “New Energy Certificates”
3) Recommendations / Orders / Penalties
|
||||||||||||||||||||||||||||||||||
![]()
Anyone who generates, or tries to generate electricity from new energy may apply to the Minister for Economy, Trade and Industry for accreditation.
(Accreditation Criteria)
a) Generation Equipment
b) Generation Method
|
||||||||||||||||||||||||||||||||||
![]()
a) Provisions related to accreditation of facilities came into force on December 6th, 2002
b) Provisions related to obligations of electricity retailers shall come into force on April 1st, 2003 |