Hydropower (Large, Small and Pumped Storage) in Japan, Market Outlook to 2025, 2014 Update - Capacity, Generation, Regulations and Company Profiles
Reference Code: GDAE6503IDB
Publication Date: December 2014
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014
Table of Contents
1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 8
2 Executive Summary 10
2.1 Rise in Global Carbon Emissions despite a Fall in Emissions of OECD Countries during 2010– 2013 10
2.2 Government Support in Conjunction with Technology Development Driving Global Renewable Power Installations 10
2.3 Global Hydropower Market will Continue to Observe an Upward Trend in the Future 10
2.4 Hydropower Market in Japan will have a Moderate but Steady Growth Rate 10
3 Introduction 11
3.1 Carbon Emissions, Global, mmt, 2001–2012 11
3.2 Primary Energy Consumption, Global, mtoe, 2001–2025 13
3.3 Hydropower, Global, Technology Definition and Classification 15
3.4 Report Guidance 16
4 Renewable Power Market, Global, 2001 – 2025 17
4.1 Renewable Power Market, Global, Overview 17
4.2 Renewable Power Market, Global, Installed Capacity, 2001–2025 18 4.2.1 Renewable Power Market, Global, Cumulative Installed Capacity by Source Type, 2001–2025 18 4.2.2 Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type, 2013 vs. 2025 19 4.2.3 Renewable Power Market, Global, Net Capacity Additions by Source Type, 2014–2025 21 4.2.4 Renewable Power Market, Global, Comparison among Various Sources, Cumulative Installed Capacity, 2013 – 2025 22
4.3 Renewable Power Market, Global, Power Generation, 2001–2025 24 4.3.1 Renewable Power Market, Global, Power Generation by Source Type, 2001–2025 24 4.3.2 Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2013–2025 25
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014
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4.4 Renewable Power Market, Global, LCOE Comparison of Power Generating Sources, $/kWh, 2013–2014 27
5 Hydropower Market, Global, 2001–2025 29
5.1 Hydropower Market, Global, Overview 29
5.2 Hydropower Market, Global, Market Forces Analysis 30 5.2.1 Hydropower Market, Global, Key Drivers 30 5.2.2 Hydropower Market, Global, Key Restraints and Challenges 31
5.3 Hydropower Market, Global, Installed Capacity, 2001–2025 33 5.3.1 Hydropower Market, Global, Cumulative Installed Capacity by Technology Type, GW, 2001–2025 35
5.4 Hydropower Market, Global, Power Generation, 2001–2025 37
5.5 Hydropower Market, Global, Share of Major Countries 38 5.5.1 Hydropower Market, Global, Cumulative Installed Capacity Share by Country, 2013 38 5.5.2 Large-Hydropower Market, Global, Cumulative Installed Capacity Share by Country, 2013 40 5.5.3 Pump Storage Hydropower Market, Global, Cumulative Installed Capacity Share by Country, 2013 41 5.5.4 Small Hydropower Market, Global, Cumulative Installed Capacity Share by Country, 2013 42
5.6 Hydropower Market, Global, Comparison of Major Countries Based on Installed Capacity, 2013–2025 44 5.6.1 Hydropower Market, Global, Comparison of Major Countries Based on Installed Capacity, 2013– 2025 44 5.6.2 Large Hydropower Market, Global, Comparison of Major Countries Based on Installed Capacity, 2013–2025 45 5.6.3 Small Hydropower Market, Global, Comparison of Major Countries Based on Installed Capacity, 2013–2025 47 5.6.4 Pump Storage Hydropower Market, Global, Comparison of Major Countries Based on Installed Capacity, 2013–2025 48
5.7 Hydropower Market, Global, Owner’s Share by Region, 2013 49 5.7.1 Hydropower Market, Asia-Pacific, Installed Capacity Share by Owner, 2013 50 5.7.2 Hydropower Market, Europe, Installed Capacity Share by Owner, 2013 51 5.7.3 Hydropower Market, North America, Installed Capacity Share by Owner, 2013 52 5.7.4 Hydropower Market, South America, Installed Capacity Share by Owner, 2013 53
6 Power Market, Japan, 2001-2025 54
6.1 Power Market, Japan, Overview 54
6.2 Power Market, Japan, Installed Capacity, 2001–2025 55 6.2.1 Power Market, Japan, Cumulative Installed Capacity by Fuel Type, 2001–2025 55
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014
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6.2.2 Power Market, Japan, Share in Cumulative Installed Capacity Split by Source Type, 2013 and 2025 57 6.2.3 Power Market, Japan, Net Capacity Additions by Fuel Type, 2014–2025 59
6.3 Power Market, Japan, Power Generation, 2001–2025 60 6.3.1 Power Market, Japan, Power Generation by Fuel Type, 2001–2025 60
7 Renewable Power Market, Japan, 2001–2025 63
7.1 Renewable Power Market, Japan, Overview 63
7.2 Renewable Power Market, Japan, Installed Capacity, 2001-2025 64 7.2.1 Renewable Power Market, Japan, Cumulative Installed Capacity by Source Type, 2001-2025 64 7.2.2 Renewable Power Market, Japan, Cumulative Installed Capacity Split by Source Type, 2001- 2025 67 7.2.3 Renewable Power Market, Japan, Net Capacity Additions by Source Type, 2014-2025 69
7.3 Renewable Power Market, Japan, Power Generation, 2001-2025 71 7.3.1 Renewable Power Market, Japan, Power Generation by Source Type, 2001-2025 71
8 Hydropower Market, Japan, 2001–2025 73
8.1 Hydropower Market, Japan, Overview 73
8.2 Hydropower Market, Japan, Installed Capacity, 2001 – 2025 73 8.2.1 Hydropower Market, Japan, Cumulative Installed Capacity, 2001–2025 76
8.3 Hydropower Market, Japan, Power Generation, 2001 – 2025 78
8.4 Large Hydropower Market, Japan, Major Active Plants 80 8.4.1 Large Hydropower Market, Japan, Major Active Plants 80
8.5 Small Hydropower Market, Japan, Major Active Plants 81 8.5.1 Small Hydropower Market, Japan, Major Active Plants 81 8.5.2 Large Hydropower Market, Japan, Major Projects Under Construction (MW), 2013 82
8.6 Hydro Power Market, Japan, Deal Analysis, 2013 83 8.6.1 Hydro Power Market, Japan, Deal Volume vs. Deal Value, 2006–2013 83 8.6.2 Hydro Power Market, Japan, Split by Deal Type, 2013 85
9 Renewable Energy Policy Framework, Japan 86
9.1 Renewable Energy Regulatory Framework, Japan, Overview 86
9.2 Renewable Energy Regulatory Framework, Japan, Major Policies 88 9.2.1 Establishment of New Energy Development Organization 88 9.2.2 New Renewable Energy Target 89 9.2.3 New 2010 Renewable Energy Targets 89
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014
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9.2.4 Special Measures Law for Promoting the Use of New Energy 89 9.2.5 Comprehensive Review of Japanese Energy Policy 89 9.2.6 Japan Renewable Energy Policy Platform 90 9.2.7 Feed-in Tariffs for Renewable Energy 91 9.2.8 Support for Deployment of New and Renewable Energy 92 9.2.9 Subsidy for Research and Development for New and Renewable Energy 92 9.2.10 Ministry of Economy, Trade and Industry to Double Budget for Renewable Energy 93 9.2.11 Innovative Strategy for Energy and the Environment 93 9.2.12 Green Investment Tax Credit 94 9.2.13 Cool Earth Energy Innovative Technology Plan 94
9.3 Financial Incentives and Policy Support for Hydro, Japan 94 9.3.1 Project for Developing Small and Medium-sized Hydroelectric Power Plants 94
10 Hydropower Power Market, Japan, Company Profiles 95
10.1 Company Snapshot: Tokyo Electric Power Company, Inc. 95 10.1.1 Tokyo Electric Power Company, Inc. - Company Overview 95 10.1.2 Tokyo Electric Power Company, Inc. – Business Description 95 10.1.3 Tokyo Electric Power Company, Inc. - SWOT Analysis 96 10.1.4 Tokyo Electric Power Company, Inc. - Major Products and Services 100 10.1.5 Tokyo Electric Power Company, Inc. - Head Office 100
10.2 Company Snapshot: The Kansai Electric Power Company, Inc. 101 10.2.1 The Kansai Electric Power Company, Inc. - Company Overview 101 10.2.2 The Kansai Electric Power Company, Inc. – Business Description 101 10.2.3 The Kansai Electric Power Company, Inc. - SWOT Analysis 102 10.2.4 The Kansai Electric Power Company, Inc. - Major Products and Services 107 10.2.5 The Kansai Electric Power Company, Inc. - Head Office 107
10.3 Company Snapshot: Kyushu Electric Power Co., Inc. 108 10.3.1 Kyushu Electric Power Co., Inc. - Company Overview 108 10.3.2 Kyushu Electric Power Co., Inc. – Business Description 108 10.3.3 Kyushu Electric Power Co., Inc. - SWOT Analysis 109 10.3.4 Kyushu Electric Power Co., Inc. - Major Products and Services 113 10.3.5 Kyushu Electric Power Co., Inc. - Head Office 114
10.4 Company Snapshot: Electric Power Development Co., Ltd. 115 10.4.1 Electric Power Development Co., Ltd. - Company Overview 115 10.4.2 Electric Power Development Co., Ltd. – Business Description 115 10.4.3 Electric Power Development Co., Ltd. - SWOT Analysis 116 10.4.4 Electric Power Development Co., Ltd. - Major Products and Services 119 10.4.5 Electric Power Development Co., Ltd. - Head Office 120
10.5 Company Snapshot: Chubu Electric Power Co., Inc. 121 10.5.1 Chubu Electric Power Co., Inc. - Company Overview 121 10.5.2 Chubu Electric Power Co., Inc. – Business Description 121 10.5.3 Chubu Electric Power Co., Inc. - SWOT Analysis 123
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014
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10.5.4 Chubu Electric Power Co., Inc. - Major Products and Services 127 10.5.5 Chubu Electric Power Co., Inc. - Head Office 127
11 Appendix 128
11.1 Abbreviations 128
11.2 Market Definitions 129
11.3 Hydropower Market, Japan, Forecast Methodology and Assumptions 130 11.3.1 Historic Sources 130 11.3.2 Forecast Methodology for Hydropower Market: 130 11.3.3 Disclaimer 131
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014
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1.1 List of Tables Table 1: Carbon Emissions, Global (mmt), 2001–2012 ...... 12 Table 2: Primary Energy Consumption, Global (mtoe), 2001–2025 ...... 14 Table 3: Renewable Power Market, Global, Cumulative Installed Capacity by Source Type (GW), 2001–2025...... 19 Table 4: Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type (%), 2013 vs. 2025 20 Table 5: Renewable Power Market, Global, Net Capacity Additions by Source Type (GW), 2014–2025 ...... 22 Table 6: Renewable Power Market, Global, Source Comparison Based on Installed Capacity, 2013–2025...... 23 Table 7: Renewable Power Market, Global, Power Generation by Source Type (TWh), 2001–2025 ...... 25 Table 8: Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2012–2025 ...... 26 Table 9: Renewable Power Market, Global, Assumptions for LCOE Calculation ...... 27 Table 10: Renewable Power Market, Global, LCOE Comparison of Power-generating Sources ($/kWh), 2013–2014 . 28 Table 11: Hydropower Market, Global, Installed Capacity (GW), 2001–2025 ...... 34 Table 12: Hydropower Market, Global, Cumulative Installed Capacity by Technology (GW), 2001–2025 ...... 36 Table 13: Hydropower Market, Global, Power Generation by Technology (TWh), 2001–2025 ...... 38 Table 14: Hydropower Market, Global, Cumulative Installed Capacity by Country, 2013 ...... 39 Table 15: Large Hydropower Market, Global, Cumulative Installed Capacity Share by Country, 2013 ...... 40 Table 16: Pump Storage Hydropower Market, Global, Cumulative Installed Capacity Share by Country, 2013 ...... 42 Table 17: Small Hydropower Market, Global, Cumulative Installed Capacity Share by Country, 2013 ...... 43 Table 18: Hydropower Market, Global, Comparison of Major Countries Based on Installed Capacity, 2013–2025 ...... 45 Table 19: Large Hydropower Market, Global, Comparison of Major Countries Based on Installed Capacity, 2013–2025 46 Table 20: Small Hydropower Market, Global, Comparison of Major Countries Based on Installed Capacity, 2013–2025 47 Table 21: Pump Storage Hydropower Market, Global, Comparison of Major Countries Based on Installed Capacity, 2013–2025 ...... 49 Table 22: Hydropower Market, Asia-Pacific, Installed Capacity Share by Owner (%), 2013...... 50 Table 23: Hydropower Market, Asia-Pacific, Installed Capacity Share by Owner (%), 2013...... 51 Table 24: Hydropower Market, North America, Installed Capacity Share by Owner (%), 2013 ...... 52 Table 25: Hydropower Market, South America, Installed Capacity Share by Owner, %, 2013 ...... 53 Table 26: Power Market, Japan, Cumulative Installed Capacity by Fuel Type(MW), 2001–2025 ...... 56 Table 27: Power Market, Japan, Cumulative Installed Capacity Split by Source Type (%), 2013–2025 ...... 58 Table 28: Power Market, Japan, Net Capacity Additions by Fuel Type(MW), 2014–2025 ...... 60 Table 29: Power Market, Japan, Power Generation by Fuel Type (GWh), 2001–2025 ...... 62 Table 30: Renewable Power Market, Japan, Cumulative Installed Capacity by Source Type (MW), 2001-2025 ...... 66 Table 31: Renewable Power Market, Japan, Cumulative Installed Capacity Split by Source Type (%), 2013–2025 .... 68 Table 32: Renewable Power Market, Japan, Net Capacity Additions by Source Type (MW), 2014-2025 ...... 70 Table 33: Renewable Power Market, Japan, Power Generation by Source Type (GWh), 2001-2025 ...... 72 Table 34: Hydropower Market, Japan, Installed Capacity (MW), 2001 – 2025 ...... 75 Table 35: Hydropower Market, Japan, Cumulative Installed Capacity by Technology (MW), 2001–2025 ...... 77 Table 36: Hydropower Market, Japan, Power Generation (GWh), 2001 – 2025 ...... 79 Table 37: Large Hydropower Market, Japan, Major Active Plants ...... 80 Table 38: Small Hydropower Market, Japan, Major Active Plants, 2002–2013 ...... 81 Table 39: Large Hydropower Market, Japan, Major Upcoming Projects...... 82
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014
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Table 40: Hydro Power Market, Japan, Deal Volume vs. Deal Value ($m), 2006–2013 ...... 84 Table 41: Hydro Power Market, Japan, Deals by Type, 2013 ...... 85 Table 42: Renewable Power Market, Japan, Renewable Contribution to Electricity Generation under Japan Renewable Energy Policy Platform (%), 2050 ...... 91 Table 43: Tokyo Electric Power Company, Inc., Major Products and Services ...... 100 Table 44: The Kansai Electric Power Company, Inc., Major Products and Services ...... 107 Table 45: Kyushu Electric Power Co., Inc., Major Products and Services ...... 113 Table 46: Electric Power Development Co., Ltd., Major Products and Services ...... 119 Table 47: Chubu Electric Power Co., Inc., Major Products and Services ...... 127 Table 48: Abbreviations ...... 128
1.2 List of Figures Figure 1: Carbon Emissions, Global (mmt), 2001–2012 ...... 12 Figure 2: Primary Energy Consumption, Global (mtoe), 2001–2025 ...... 13 Figure 3: Hydropower, Global, Technology Definition and Classification ...... 15 Figure 4: Renewable Power Market, Global, Cumulative Installed Capacity by Source Type (GW), 2001–2025...... 18 Figure 5: Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type (%), 2013 vs. 2025 20 Figure 6: Renewable Power Market, Global, Net Capacity Additions by Source Type (GW), 2014–2025 ...... 21 Figure 7: Renewable Power Market, Global, Comparison among Various Sources, Cumulative Installed Capacity, 2013–2025 ...... 23 Figure 8: Renewable Power Market, Global, Power Generation by Source Type (TWh), 2001–2025 ...... 24 Figure 9: Renewable Power Market, Global, Power Generation, Source Comparison Based on Power Generation, 2013–2025 ...... 26 Figure 10: Renewable Power Market, Global, LCOE Comparison of Power-generating Sources ($/kWh), 2013–2014 . 28 Figure 11: Hydropower Market, Global, Value Chain ...... 29 Figure 12: Hydropower Market, Global, Installed Capacity (GW), 2001–2025 ...... 33 Figure 13: Hydropower Market, Global, Cumulative Installed Capacity by Technology (GW), 2001–2025 ...... 35 Figure 14: Hydropower Market, Global, Power Generation (TWh), 2001–2025 ...... 37 Figure 15: Hydropower Market, Global, Cumulative Installed Capacity Share by Country, 2013 ...... 39 Figure 16: Large Hydropower Market, Global, Cumulative Installed Capacity Share by Country, 2013 ...... 40 Figure 17: Pump Storage Hydropower Market, Global, Cumulative Installed Capacity Share by Country, 2013 ...... 41 Figure 18: Small Hydropower Market, Global, Cumulative Installed Capacity Share by Country, 2013 ...... 43 Figure 19: Hydropower Market, Global, Comparison of Major Countries Based on Installed Capacity, 2013–2025 ...... 44 Figure 20: Large Hydropower Market, Global, Comparison of Major Countries Based on Installed Capacity, 2013–2025 46 Figure 21: Small Hydropower Market, Global, Comparison of Major Countries Based on Installed Capacity, 2013–2025 47 Figure 22: Pump Storage Hydropower Market, Global, Comparison of Major Countries Based on Installed Capacity, 2013–2025 ...... 48 Figure 23: Hydropower Market, Global, Owner Share by Region (%), 2013 ...... 49 Figure 24: Power Market, Japan, Cumulative Installed Capacity by Fuel Type(MW), 2001–2025 ...... 55 Figure 25: Power Market, Japan, Cumulative Installed Capacity Split by Source Type (%), 2013–2025 ...... 57 Figure 26: Power Market, Japan, Net Capacity Additions by Fuel Type(MW), 2014–2025...... 59 Figure 27: Power Market, Japan, Power Generation by Fuel Type (GWh), 2001–2025 ...... 61
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014
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Figure 28: Renewable Power Market, Japan, Cumulative Installed Capacity by Source Type (MW), 2001-2025 ...... 65 Figure 29: Renewable Power Market, Japan, Cumulative Installed Capacity Split by Source Type (%), 2013–2025 ... 68 Figure 30: Renewable Power Market, Japan, Net Capacity Additions by Source Type (MW), 2014-2025 ...... 69 Figure 31: Renewable Power Market, Japan, Power Generation by Source Type (GWh), 2001-2025 ...... 71 Figure 32: Hydropower Market, Japan, Installed Capacity (MW), 2001 – 2025 ...... 74 Figure 33: Hydropower Market, Japan, Cumulative Installed Capacity by Technology (MW), 2001–2025 ...... 76 Figure 34: Hydropower Market, Japan, Power Generation (GWh), 2001 – 2025 ...... 78 Figure 35: Hydro Power Market, Japan, Deal Volume vs. Deal Value ($m), 2006–2013 ...... 83 Figure 36: Hydro Power Market, Japan, Split by Deal Type (%), 2013 ...... 85 Figure 37: Renewable Power Market, Japan, Impact Analysis of Policies, 2000–2012 ...... 87 Figure 38: Renewable Power Market, Japan, Policy Impact on Applicable Renewable Power Sources, 2013 ...... 88 Figure 39: Renewable Power Market, Japan, Renewable Contribution to Electricity Generation under Japan Renewable Energy Policy Platform (%), 2050 ...... 91 Figure 40: Hydropower Market, Japan, Forecast Methodology and Assumptions ...... 130
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014 Hydropower (Large, Small and Pumped Storage) in Japan, Market Outlook to 2025, 2014 Update
2 Executive Summary
2.1 Rise in Global Carbon Emissions despite a Fall in Emissions of OECD Countries during 2010–2013
2.2 Government Support in Conjunction with Technology Development Driving Global Renewable Power Installations
2.3 Global Hydropower Market will Continue to Observe an Upward Trend in the Future
2.4 Hydropower Market in Japan will have a Moderate but Steady Growth Rate
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014 Hydropower (Large, Small and Pumped Storage) in Japan, Market Outlook to 2025, 2014 Update
3 Introduction
3.1 Carbon Emissions, Global, mmt, 2001–2012 The need to achieve energy stability, security of energy supply and energy independence, combined with the need to minimize carbon footprints is driving countries across the world to explore different renewable energy technologies such as wind, solar, bio power and geothermal. Battling climate change is as much a concern for most world governments as achieving energy independence and security. The concern over reducing carbon emissions has become prominent in recent years due to the increased use of fossil fuels. Global economic and social developments have resulted in a tremendous increase in the world’s total primary energy supply, and a corresponding increase in carbon emissions.
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014 Hydropower (Large, Small and Pumped Storage) in Japan, Market Outlook to 2025, 2014 Update
Figure 1: Carbon Emissions, Global (mmt), 2001–2012
Source: GlobalData; IEA 2012
Table 1: Carbon Emissions, Global (mmt), 2001–2012
Year Carbon emissions 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Source: GlobalData; IEA 2012
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014 Hydropower (Large, Small and Pumped Storage) in Japan, Market Outlook to 2025, 2014 Update
3.4 Report Guidance The report begins with an executive summary which gives a snapshot of Hydropower market in Japan The “Introduction” section provides an overview on carbon emissions, energy consumption pattern in the world and basic technology definition of hydropower
The “Renewable Power Market, Global” section provides an overview of renewable energy sources such as solar, wind, geothermal and bio power. The section provides historical (2001-2012) and forecast (2013-2025) cumulative installed capacity and generation data. The section also provides information on installed capacity split by source type, net capacity additions by source type, cross technology comparison The “Hydropower Market, Global” section gives a holistic overview of the global hydropower market along with installed capacity and generation data. The section also provides cross country comparison, net capacity additions, market forces, major country share in installed capacity and generation. The section also gives analysis on Top owners globally and the market shares in their respective region The “Power Market, Japan” section provides an overview of the overall power market in Sweden. The section provides installed capacity and generation data for conventional thermal, nuclear, hydro and renewable sources. The section covers net capacity additions and a comparative analysis among power technologies. The “Renewable Power Market, Japan” section gives an overview of the renewable power market in Japan. The section provides historical (2001-2012) and forecast (2013-2025) installed capacity and generation data for wind, solar PV, and biomass. The section covers installed capacity by source type, net capacity additions by source type, comparison of various renewable power sources on the basis of installed capacity and growth rate. The section also provides LCOE comparison among various renewable power sources such as wind, solar, biomass and small hydro in 2012.
The “Hydropower Market, Japan” chapter provides detail analysis on the large hydro and pumped storage power market and small hydro power market in the country. The section provides historical (2001-2012) and forecast (2013-2025) installed capacity and generation data. The section covers net capacity additions by installation type, installed capacity share by state and information on projects, deal analysis, Information on LCOE for small hydropower in Japan is also covered in thuis section The “Renewable Energy Regulatory Framework, Japan” chapter gives an in depth understanding of the renewable energy policy framework in the country and government support provided for renewable in general hydropower power in particular.
The “Hydropower Market, Japan, Company Profiles” section provides company profiles of some of the major market participants
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014 Hydropower (Large, Small and Pumped Storage) in Japan, Market Outlook to 2025, 2014 Update
6 Power Market, Japan, 2001-2025
6.1 Power Market, Japan, Overview
Hydropower (Large, Small and Pumped Storage) in Japan, Market Outlook to 2025, 2014 Update
6.2 Power Market, Japan, Installed Capacity, 2001–2025
6.2.1 Power Market, Japan, Cumulative Installed Capacity by Fuel Type, 2001–2025
Figure 24: Power Market, Japan, Cumulative Installed Capacity by Fuel Type(MW), 2001–2025
Source: GlobalData, Power Database [Accessed on October 03, 2014]
Hydropower (Large, Small and Pumped Storage) in Japan, Market Outlook to 2025, 2014 Update
Table 26: Power Market, Japan, Cumulative Installed Capacity by Fuel Type(MW), 2001–2025
Year Large Hydro and Nuclear Renewable Thermal Total power Pumped Storage cumulative installed capacity
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Source: GlobalData, Power Database [Accessed on October 03, 2014]
Hydropower (Large, Small and Pumped Storage) in Japan, Market Outlook to 2025, 2014 Update
6.2.2 Power Market, Japan, Share in Cumulative Installed Capacity Split by Source Type, 2013 and 2025
Figure 25: Power Market, Japan, Cumulative Installed Capacity Split by Source Type (%), 2013–2025
Source: GlobalData, Power Database [Accessed on October 03, 2014] Note: Inner pie represents market share in 2013 and outer pie represents market share in 2025.
Hydropower (Large, Small and Pumped Storage) in Japan, Market Outlook to 2025, 2014 Update
Table 27: Power Market, Japan, Cumulative Installed Capacity Split by Source Type (%), 2013–2025
Source type 2013 (%) 2025 (%)
Thermal
Nuclear
Large Hydro and Pumped Storage
Renewable
Source: GlobalData, Power Database [Accessed on October 03, 2014]
Hydropower (Large, Small and Pumped Storage) in Japan, Market Outlook to 2025, 2014 Update
11 Appendix
11.1 Abbreviations
Table 48: Abbreviations
Acronyms Expanded Form CAGR Coumpound Annual Growth Rate CCC Fuel Consumption Cost Account CDM Clean Development Mechanism CO2 Carbondioxide CSP concentrated solar power CUF Capacity Factor D.C. Washington DC DR Discount Rate EU The European Union GHG Green House Gas GW Giga Watt GWh Giga Watt hour HTP high temperature performance KW Killo Watt LCOE Levelized cost of energy m Million MME Ministry of Mines and Energy MMT million metric tons Mtoe Million Ton of Oil Equivalent MW Mega Watts MWh megawatt hour NAPCC National Action Plan on Climate Change O&M Operation and Maintenance PPA Power Purchase Agreement RPS renewable portfolio standards ROI Return On Investment ROE Return on Equity Source: GlobalData
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014
Hydropower (Large, Small and Pumped Storage) in Japan, Market Outlook to 2025, 2014 Update
11.2 Market Definitions
Historic Period: 2001-2011
Forecast Period: 2013-2025 Global Hydropower Market includes North America, Europe, Asia-Pacific, South and Central America and Middle East and Africa North America Hydropower Market includes The US, Mexico and Canada. Europe Hydropower Market includes Albania, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Netherlands, Norway, Poland, Portugal, Romania, Russian Federation, Slovakia, Spain, Sweden, Switzerland, Turkey, Ukraine and the UK. Asia-Pacific Hydropower Market includes Afghanistan, Armenia, Bangladesh, China, India, Indonesia, Japan, Kazakhstan, Malaysia, Myanmar, New Zealand, Republic of Korea, Pakistan, Philippines, Sri lanka, Vietnam and Thailand. South and Central America Hydropower Market include Argentina, Russia, Chile, Colombia, Peru and Venezuela. Middle East and Africa Hydropower Market includes Morocco, Algeria, Angola, Benin, Cameroon, Egypt, Ethiopia, Gabon, Ghana, Iran (Islamic Republic of Iran),Iraq, Ivory Coast, Jordan, Lebanon, Mauritania, Mozambique, Namibia, Rwanda ,Sudan ,Tunisia ,United Republic of Tanzania ,Zambia and South Africa Power Market includes Thermal Conventional (Coal, Gas and Oil), Nuclear, Large Hydro & Pump Storage and Renewables. Renewable Power Market: Wind (Onshore and Offshore), Solar PV, CSP, Biomass, Biogas, Geothermal and Small Hydro.
Small Hydro: Classification of small Hydropower is as follows – Project size of <= 30 MW is considered as small hydro in countries such as Russia, Japan, Mexico, Venezuela, and the US Project size of <= 50 MW is considered as small hydro in countries such as Canada and China Project size of <= 25 MW is considered as small hydro in India
Project size of <= 10 MW is considered as small hydro in most of the European countries. However, Russia is an exception to this list as in this country project with capacity size of <25 MW are considered as small hydropower projects
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014
Hydropower (Large, Small and Pumped Storage) in Japan, Market Outlook to 2025, 2014 Update
11.3 Hydropower Market, Japan, Forecast Methodology and Assumptions 11.3.1 Historic Sources The large hydro installed capacity and generation data for the historic period 2000-2010 has been derived by subtracting Small Hydro (On-grid & Off-grid) & Pumped Storage from total hydro power numbers
The Installed Capacity for the year 2013 has been culled from the NEF, Japan The power generation data for the year 2013 has been calculated by estimating the Capacity utilization Factor (CUF)%
The capacity for 2012 has been derived based on the factors in the Forecast Methodology of Large Hydro and the generation for the same year has been calculated by estimating the Capacity utilization Factor (CUF)%
11.3.2 Forecast Methodology for Hydropower Market:
Figure 40: Hydropower Market, Japan, Forecast Methodology and Assumptions
Forecast Historic sources Assumptions methodology
Country’s power consumption by 2025 (demand)
Expected power generation by technology by 2025 (supply)
Hydro power generation by 2025
Hydro power capacity by 2025
Source: GlobalData, Alternative Energy eTrack, Power eTrack [Accessed on August 08, 2013]
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014
Hydropower (Large, Small and Pumped Storage) in Japan, Market Outlook to 2025, 2014 Update
Hydro power The forecasting of large hydro power capacity has been done by considering the following points: Projects that are currently under construction are expected to come online in 2014, 2016 and 2018. The Generation numbers have been forecasted by estimating the CUF (%) for large hydro power plants to reach 44% by 2025 from 42% in 2013.
11.3.3 Disclaimer
All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise without the prior permission of the publisher, GlobalData.
Hydropower (Large, Small and Pumped Storage) in Japan, GDAE6503IDB / Published December 2014