20 million KW introduction of perovskite in 40 years / METI’s strategy plan
The Ministry of Economy, Trade and Industry (METI) and the Agency for Natural Resources and Energy announced on November 26, 2024 a draft strategy with the goal of introducing approximately 20 million kW of next-generation perovskite solar cells in 40 years, with plans to launch the domestic market in fiscal 2013. The government will consider the position of perovskite in the 7th Basic Energy Plan, which is expected to be revised by the end of FY2012.
Japan is the world’s second largest producer of iodine, the main raw material for perovskite, making it possible to build a robust supply chain without depending on other countries. In addition, perovskite is lightweight and bendable,The system can be installed on building walls and factory roofs with low load-bearing capacity, which are difficult to install with conventional solar cells, and is expected to make a significant contribution to the expansion of renewable energy introduction.
The amount of overseas introduction is expected to be 500 million to 1 billion kW in 40 years at a power generation cost of 10 to 14 yen per lkWh. The proposed strategy aims to establish a technology capable of generating electricity at 14 yen per lkWh by the year 2008, and to achieve 10-14 yen per lkWh by the year 2010.
The production system will be built up to the gigawatt level before 30 years, and the target for installation in 40 years is about 20 million kW, but if significant cost reductions are achieved, the target will be about 40 million kW.
From the outset, the company will consider expanding into overseas markets, which are larger than the domestic market. In preparation for the establishment of an international standard, the company will also promote technological development and data acquisition necessary for testing techniques to evaluate the durability and reliability of perovskite, and for the study of a third-party verification scheme.