ANNOUNCEMENT 21 Feb 2017
On February 21th, 2017, Japan Oil, Gas and Metals National Corporation (JOGMEC) created a subsidy program to support Japanese geothermic energy producers.
NUMBER OF INTERVENTIONS
JOGMEC (2017) 平成29年度「地熱資源量の把握のための調査事業費助成金交付事業」の採択結果について「Adoption of 2017 "Survey Project Cost Grant Project for Grasping Geothermal Resource Volume"」
More information on the program can be found here
On February 21st, 2017, Japan Oil, Gas and Metals National Corporation (JOGMEC) created a subsidy program for geothermic energy production which will support companies by providing subsidies for the expenses required for ground surveys, geophysical exploration, geochemical exploration, drilling, and construction. This program has a budget of 10 billion yen (89.7 million USD). As of October 20th, 2017, 27 geothermic-related corporations have utilized this subsidy program.
The subsidy rates vary depending on the scale of the project and corporation...