Shulman Advisory

Japan Outlines 2050 Roadmap for Introducing Next-Generation Geothermal

Publication date: Nov 17, 2025 Japan Outlines 2050 Roadmap for Introducing Next-Generation Geothermal Japan Outlines 2050 Roadmap for Introducing Next-Generation Geothermal The public-private council on next-generation geothermal power has finalized a 2050 roadmap to introduce the technology, with the roll out beginning in 2030. The plan states that the previously indicated installation target of 7.7 …

Rethinking Renewable Procurement: How GHG Protocol Reforms May Reshape Japan’s Corporate Market

Publication date: Nov 14, 2025 Rethinking Renewable Procurement: How GHG Protocol Reforms May Reshape Japan’s Corporate Market Corporate decarbonization reporting is about to change. The next revision of the GHG Protocol will reshape how organizations measure and verify their Scope 2 electricity emissions. In Japan, a growing number of companies, particularly those with global operations, …

Japan Seeks to Balance Renewable Growth With Environmental and Regional Considerations

Publication date: Nov 10, 2025 Japan Seeks to Balance Renewable Growth With Environmental and Regional Considerations According to a report by Fuji Keizai, Japan’s domestic green electricity retail market is projected to reach around JPY 4.8 trillion in FY2040, 6.9 times the FY2023 level, while the domestic market for solar power PPA services is projected …

Japanese Government’s Growing Leadership Role in the Offshore Wind Market

Publication date: Nov 3, 2025 Japanese Government’s Growing Leadership Role in the Offshore Wind Market Offshore wind power in Japan made headlines this summer when Mitsubishi Corporation announced its withdrawal from 1.7 GW of projects awarded in the first offshore wind auction held in 2021. Although the exit by Japan’s largest trading house left a …

Strategic Procurement in Japan: Managing Risk Beyond the Basics

Publication date: Nov 3, 2025 Strategic Procurement in Japan: Managing Risk Beyond the Basics Japan’s electricity market stability was tested during the 2021–2022 global energy crisis, when LNG import prices surged 300% year-over-year and exposed the vulnerability of relying solely on traditional retail contracts. For industrial consumers, effective risk management has evolved from a back-office …

EPRX Revises FY2026 Balancing Market Rules to Encourage Greater Participation

Publication date: Nov 2, 2025 EPRX Revises FY2026 Balancing Market Rules to Encourage Greater Participation EPRX Revises FY2026 Balancing Market Rules to Encourage Greater Participation The Electricity Power Reserve eXchange (EPRX), which operates the balancing market, has held an online briefing session to explain revisions to trading rules for FY2026 onwards. A total of 238 …

METI Moves to Reshape Japan’s Balancing Market with New Price Cap Limits

Publication date: Oct 30, 2025 METI Moves to Reshape Japan’s Balancing Market with New Price Cap Limits METI Moves to Reshape Japan’s Balancing Market with New Price Cap Limits The secretariat of METI’s System Review Working Group proposed some major changes to the balancing market from FY 2026, including reducing the price cap for combined …

Mid-Long Term Market to Adopt Continuous Trading for One-Year Delivery

Publication date: Oct 28, 2025  Mid-Long Term Market to Adopt Continuous Trading for One-Year Delivery Mid-Long Term Market to Adopt Continuous Trading for One-Year Delivery The Working Group (WG) on System Design based on the Review of Power System Reforms has been discussing the institutional design of Japan’s Mid-Long Term Market. The following are the …

METI Grants First Price Gap Support for Hydrogen and Ammonia Supply Projects

Publication date: Oct 20, 2025 METI Grants First Price Gap Support for Hydrogen and Ammonia Supply Projects METI Grants First Price Gap Support for Hydrogen and Ammonia Supply Projects The Ministry of Economy, Trade and Industry (METI) has approved the first projects for a price gap support program that subsidizes the cost difference between hydrogen/ammonia …

Six Common Pitfalls in Japan’s Retail License Process — and How to Avoid Them

Publication date: Oct 17, 2025 Six Common Pitfalls in Japan’s Retail License Process — and How to Avoid Them Six Common Pitfalls in Japan’s Retail License Process — and How to Avoid Them Entering the Japanese wholesale electricity market is complex and involves many steps. From language barriers to post-license registrations, each stage presents unique …