Japan's Ministry of Economy, Trade and Industry (METI) announced the schedule for the bidding system to be implemented in the next fiscal year, following the review of the feed-in tariff (FIT) policy, and the directions of the guidelines for the implementation at a meeting of the Calculation Committee for Procurement Price, Etc that took place Oct 24, 2016, for the second time in this fiscal year.
As for the schedule of the implementation of the bidding system, METI will announce the directions of the implementation of the bidding system in early February 2017 and the list of requirements for bidding in early May 2017. It will start the first invitation for bids in early September 2017 and close it in early October 2017.
In fiscal 2017, the bidding will take place only once due to a schedule conflict. But it is scheduled to take place twice a year in and after fiscal 2018.
The items described in the guidelines for the implementation of the bidding system are (1) the segments of targeted renewable energy-based power plants, (2) the amount of the output of targeted renewable energy-based power plants, (3) qualifications for bidding, (4) deposit to be provided by bidders, (5) the upper limit of supply price, (6) the method to decide procurement prices based on the bidding, (7) the procurement period of renewable energy-based power plants to be bid on, (8) the deadline of certification applications to be submitted by successful bidders and (9) other items required for bidding.
At the latest meeting of the Calculation Committee for Procurement Price, Etc, requests from trade associations were heard and discussed in regard to those items described in the guidelines. METI said it will announce its plan based on that at the next meeting of the committee.