Despite proven unfeasibility of sector, Japan pushes ahead with floating wind test centre

FLOWRA, set up last year, groups 21 domestic companies, such as liquefied natural gas (LNG) buyers JERA and Tokyo Gas. It has signed cooperation pacts with Britain and Norway, among others, for floating wind technology studies.

Britain has the world's second biggest installed offshore wind capacity after China while Norway runs Hywind Tampen, the largest floating offshore wind farm in operation to date. As a result, Britain has some of the highest power prices in the world.

Japan aims to have a pipeline of the first large-scale floating wind project in fiscal 2029, a target to which FLOWRA is contributing, Terazaki said.