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4 FAQs about Japan s integrated energy storage cabinet mobility agreement

What is Japan's energy storage policy?

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.

What is Japan's Strategic Energy Plan?

The Government of Japan formulates the Strategic Energy Plan under the Basic Act on Energy Policy to show the basic directions for Japan's energy policies. The Advisory Committee for Natural Resources and Energy started discussions on the Seventh Strategic Energy Plan in May 2024 and presented the draft version of the plan on December 17, 2024.

Will Japan have a strategic energy plan in 2021?

Since the previous revision of the Strategic Energy Plan in October 2021, the energy situation surrounding Japan has changed. In light of this, the Advisory Committee for Natural Resources and Energy advanced discussions on the next Strategic Energy Plan.

How is Japan's energy storage landscape changing?

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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