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Given Japanese household savings levels, and the impressive return on investment, that the islands of japan not could buy the entire 30 gw of potential production currently going without customers, but outbid other markets for the lion share of the entire global output and cause expansion of productive capacity. And I think they will. Further, given a market, said manufacturing capacity has increased by over 100% year-on-year before. so.. eh, might very well hit 50 gw rated capacity by year end. If this doesnt cause the government to slam on the breakes somewhere in the region of 400 GW (rated) at law expiry would not shatter the supply chain, nor exceed what japanese construction firms can manage to put up. This is just solar, mind.
Cleaner:
Global production capacity for solar volatic elements is currently around 60 gw (rated). About half of this productive capacity is in search of buyers.
The japanese government just gave them a market for the entirety of this potential output, and the average japanese household can make this investment without having to loan the money. I expect them to do so, because the return is so very high. Further, productive capacity in this sector has doubled year-on-year to meet new demands before. It is not a strech to suppose this will happen again. Thus, by the time the law expires, it within the realm of physical and engineering possibility that over 400 gw (Rated) of solar has been put up in japan. And as long as the law is on the books, financial incentives make this maximalist scenario quite likely. This is just the solar sector - sales of windmills and so on to Japan are also likely to be extremely strong.
What's more, I repeat that if we think of the specific investor circle of homeowners wanting rooftop solar, ¥42/kWh for just ten years (equivalent to c. 0.21/kWh over 20 years, ignoring maintenance costs and cell degradation) is not that stellar an offer, even with the somewhat higher annual yield per kW capacity than in Germany. *Lunatic*, n. One whose delusions are out of fashion.
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