Japan Energy Storage Policies and Market Overview
Japan''s energy storage policy is anchored by the Ministry of Economy, Trade and Industry (METI), which outlined its ambitions in the 6th Strategic Energy Plan, adopted in
As policy, technology, and decarbonization goals converge, Japan is positioning energy storage as a critical link between its climate targets and energy reliability. Japan's energy storage policy is anchored by the Ministry of Economy, Trade and Industry (METI), which outlined its ambitions in the 6th Strategic Energy Plan, adopted in 2021.
Japan's policy towards battery technology for energy storage systems is outlined in both Japan's 2014 Strategic Energy Plan and the 2014 revision of the Japan Revitalization Strategy. In Japan's Revitalization strategy, Japan has the stated goal to capture 50% of the global market for storage batteries by 2020. 2. The Energy Storage Sector a.
However, as Japan accelerates its clean energy transition, growing concerns over lithium supply constraints, price volatility, and geopolitical risks have compelled policymakers and industry leaders to reassess the country's energy storage strategy.
Japan's energy storage landscape is shifting, pushed by household demand, corporate ESG mandates, and domestic battery manufacturing. The residential lithium-ion market, projected to grow at a CAGR of 33.9% through 2030, remains one of the fastest-expanding segments.
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