Four Japanese companies are planning to jointly build a 7.1MW biomass power plant at Aizu in the country's northeast Fukushima prefecture, taking advantage of the country's feed-in-tariff (FiT) scheme.
The Aizu Komorebi power plant is scheduled to start commercial operations in December 2024. The project is 40pc owned by Japanese trading firm Tokyo Sangyo, 40pc by engineering firm Tokyo Energy & Systems, 15pc by renewable power developer Shichijo and 5pc by pulp and paper manufacturing firm Hokuetsu.
The plant is designed to burn around 80,000 t/yr of wood chips made from local unused woody biomass and construction wastes. It will pay ¥24/kWh for unused woody biomass and ¥13/kWh for construction wastes under the FIT scheme, according to Shichijo.
Electricity produced at the site will be sold to regional power grid firm Tohoku Electric Power Network at an unknown fixed pricefor 20 years under the FiT scheme.