We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.  

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Sunrise for Japan Offshore Wind

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1 minute read

The prospects of large scale offshore wind power development in Japan look increasingly promising. In the past where regulations were unclear in general sea areas, new policies have been introduced to clarify and establish the standards for new offshore wind development. The involvement of Japan's largest utility, Tokyo Electric Power (TEPCO) will spur other companies to engage in the sector given its strong government ties and previous reluctance to embrace renewables. With nuclear restart unlikely to meet government expectations by 2030, utilities are looking to offshore wind to help fill the shortfall.

The report will present to you how the involvement of TEPCO in offshore wind will be crucial to the nation’s future offshore sector development.

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