According to a report on the Energy Voice website on October 9th, international trade experts predict that the Asia-Pacific region will lead the growth of global offshore renewable energy in the post-epidemic era, creating numerous opportunities for Scottish supply chain companies.
In 2018, the Japanese government passed the landmark "Utilizing Ocean Renewable Energy to Develop Power Generation Facilities to Promote the Utilization of Sea Area Law", which was identified as the emerging holy grail for offshore wind power developers seeking overseas expansion.
The new law that took effect in April last year introduced a national framework for offshore wind power development and formulated guidelines for bidding procedures, heralding that this East Asian country will enter a new era of green energy.
Earlier this year, the Japanese government announced its offshore wind energy auction for the first time, and it is expected to announce bidders in June 2021, because Japan aims to generate a quarter of the total electricity generation from renewable energy sources by the end of this century. About, higher than 17% in 2019.
The tremendous progress made in recent years has attracted the attention of global offshore wind power developers.
In order to enter the market, the Norwegian giant Equinor recently announced the establishment of a partnership with two leading Japanese energy companies, Jera and J-Power, and intends to submit a joint bid after the Japanese government opens its first large-scale offshore wind power auction in the coming months.
The continued global impact of Covid-19 makes it difficult for renewable energy developers to determine plans to a large extent.
However, Murray Bainbridge, a senior trade expert at Scottish Development International, believes that this epidemic will not do much to curb the prosperity of offshore wind power in Japan.
In a Scottish corporate webinar, he said: “No matter what the new normal is, it’s clear that the deployment of renewable energy in the Asia-Pacific region will be the world’s most dramatic growth, which will include a large amount of offshore wind power.”
There are already good trade and investment ties between Japan and Scotland, a strong existing investor base in a range of fields, and close cooperation.
Japan is committed to economic decarbonization, and the goal of achieving net zero emissions in the next 30 years is similar to that of the United Kingdom.
The Japanese government believes that the energy transition will be a key opportunity for Japan to achieve technological disruption, and the industry will play a leading role in this regard.
Source: Chemical Network
