Michael Phelan, the chief executive of GridBeyond, recalls attending energy conferences around Europe several years ago and noticing more and more companies and large delegations from Japan. He would later find out that these companies were keen to learn about Europe’s renewable energy market and replicate it in Japan. “We discovered that they were starting to deregulate the market and open up their market. They were trying to understand, in particular, how some of the European and British markets worked,” Phelan said. In the wake of the 2011 Fukushima nuclear disaster, Japan began a rethink of its energy mix. Nuclear…
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