Cost Realities of Japan’s Offshore Wind: LCOE and IRR Across 12 Promotion Zones (2026 Update)
COST & COMMERCIAL VIABILITY Run Japan’s offshore wind “promotion zones” through one common set of assumptions and the 12 zones
COST & COMMERCIAL VIABILITY Run Japan’s offshore wind “promotion zones” through one common set of assumptions and the 12 zones
PROJECT EXECUTION In Japan’s offshore wind market, the “Promotion Zone” (促進区域, sokushin kuiki) designation sits at the center of the
COST & COMMERCIAL VIABILITY Evaluating the profitability of offshore wind projects requires close attention to cost-related indicators such as CAPEX,
Introduction On August 27, 2025, Mitsubishi Corporation announced its formal withdrawal from three of Japan’s largest offshore wind projects, located
Offshore Choshi City, Chiba Prefecture is a designated Promotion Zone under Japan’s Renewable Energy Sea Area Utilisation Act. A developer
Offshore Yurihonjo, Akita Prefecture is a designated Promotion Zone under Japan’s Renewable Energy Sea Area Utilisation Act. A developer was