Japan¡¯s conundrum of peak power prices may begin to ease as the country¡¯s solar-power expansion taps scorching summers to displace fossil fuels.
The resource-poor country, which has boosted solar capacity more than sevenfold since 2011, may follow a similar path as Germany, where electricity prices fell along with fossil fuel use during high consumption periods, according to Trevor Sikorski, an analyst at Energy Aspects Ltd. in London.
¡°Japanese power system is starting to mimic exactly what happened in the German power system following its burst of solar capacity development,¡± Sikorski said. ¡°The summer demand peaks start to disappear, as solar powered generation meets most of the air-cooling demand that the country needs.¡±
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