July 1, 2022

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Renewables: Discounts on US federal land as Tokyo focuses on fields

The Biden administration is willing to cut rental costs and taxes for new projects on public lands. Instead, the new incentive program introduced by the Japanese government focuses on fields, landfills and water basins



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New pro-renewal measures in Japan and the United States

(Rinnovabili.it) – How to stimulate growth renewable plants? For the US government, one way forward would be to attract investment in federal lands. At least in order to be able to install 25 GW Green By 2025. Sufficient capacity to supply about 4.75 million homes with electricity. For this reason the Department of the Interior (DoI) announced today To be prepared to reduce the costs of new wind and solar projects on public lands.

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The intervention, as revealed by the Home Office itself, would halve the existing rents and related federal taxes for new renewable plants. The Biden administration has also announced that it wants to speed up the bureaucratic process. How? By increasing the number of people handling environmental reviews and allowing project requests. In detail, the circle will be created in the coming months Five coordination offices in Washington, Arizona, California, Nevada, and Utahwhich will be responsible for, among other things, improving cooperation with other federal agencies such as the Environmental Protection Agency and the Ministries of Agriculture, Energy, and Defense.

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Increasing the share of clean energy is also one of the goals of Japan, which is choosing instead to stimulate the development of factories in new regions. In detail, on May 17, The Ministry of Environment announced that it will introduce a new reward plan to support Photovoltaic systems and batteries in farmland, ponds and landfills. The projected grants will cover half of the projects’ initial costs, with a maximum of 300 million yen (2.2 million euros). To benefit from the resources, the plants must be in a self-expendable state, and thus without the possibility of selling energy as part of feed-in or premium-feed incentive programmes.



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