Japan’s High-Cost Renewable Energy Curbs Subsidy Impact via Bloomberg

Japan must cut the cost of installing solar panels and wind turbines to take full advantage of clean energy incentives three times as generous as those in Germany and Sweden, an official at the energy foundation set up by billionaire Masayoshi Son said.
High costs are one of the largest impediments to a wider uptake of clean energy in Japan following the March 2011 earthquake and nuclear meltdown, said Tomas Kaberger, the executive board chair of Son’s Japan Renewable Energy Foundation and a former director of the Swedish Energy Agency.
“It is not economically very impressive that you now have feed-in tariffs that in solar and wind are about three times as generous as the most efficient European markets,” Kaberger said in an interview in Tokyo.
“We must succeed in bringing down the costs,” Kaberger said. “It’s difficult to explain why solar PV installation should cost three times as much in Japan as in Germany.”

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