|Date Ended:||2012 (June 30th)|
|Policy Type:||Economic Instruments>Market-based instruments>Green certificates, Regulatory Instruments>Obligation schemes|
|Policy Target:||Multiple RE Sources|
|Agency:||Ministry of Economy, Trade and Industry (METI), Agency for Natural Resources and Energy (ANRE)|
The RPS (Renewables Portfolio Standard) System is aimed at furthering the use of new energy by annually imposing an obligation on electricity retailers to use a certain amount of electricity from new energy. This amount is established according to retailed electricity quantities, to ensure the stability and suitability of energy supply based on the Special Measures Law Concerning the Use of New Energy by Electric Utilities.
Electricity retailers may choose to meet their obligations from the following options:
Eligible RE electricity to be considered under the RPS requirements was:
The RPS scheme eneded in 2012. The scheme was replaced by the Feed-in tariff for electricity from renewable energy sources scheme.
|This record is superseded by:||Feed-in Tariff for renewable electricity and solar PV auction|
Last modified: Thu, 15 Sep 2016 10:41:51 CEST