Shulman Advisory

Navigating Japan’s Evolving Power Market

Publication date: Oct 2, 2025 Japan Moves to Develop Hydrogen and Ammonia Supply Chains Navigating Japan’s Evolving Power Market Japan’s electricity market has undergone a significant transformation since liberalization in 2016, but the landscape continues to evolve. Ten regional utilities still control around 80% of demand, while more than 700 new retailers compete for the …

Activating Flexibility: Growing Aggregator Business and Market Outlook

Publication date: Oct 1, 2025 Japan Moves to Develop Hydrogen and Ammonia Supply Chains Activating Flexibility: Growing Aggregator Business and Market Outlook Since the introduction of the “Designated Wholesale Supply Business Operator System” (commonly referred to as the aggregator system) in April 2022, the aggregation business has expanded rapidly in Japan. An aggregator is a …

Retail Market Entry Begins with OCCTO Membership

Publication date: Sept 26, 2025 Retail Market Entry Begins with OCCTO Membership Japan fully liberalized its electricity retail market in April 2016, opening its doors to new entrants for the first time. Foreign companies can participate, but only through a locally incorporated entity that obtains a retail electricity license from the Ministry of Economy, Trade …

What Market Participants Can Expect From JEPX’s New Trading System

Publication date: Sept 24, 2025 What Market Participants Can Expect From JEPX’s New Trading System What market participants can expect from JEPX’s new trading system The Japan Electric Power eXchange (JEPX) plans to revamp its trading systems in 2026, with the day-ahead (spot) market system set for renewal in February, followed by the intraday market …

OCCTO Proposes New Rules for Upcoming Long Term Decarbonization Auction

Publication date: Sept 12, 2025 OCCTO Proposes New Rules for Upcoming Long Term Decarbonization Auction At an expert meeting on the capacity market, the Organization for Cross Regional Coordination of Transmission Operators (OCCTO) reported the results of a public consultation on draft guidelines for the third Long-Term Decarbonization Power Source Auction (#LTDA). In the meeting, …

Japan’s Simultaneous Market: The Power Trading Shift Coming After 2028

Publication date: Sept 11, 2025 Japan Moves to Develop Hydrogen and Ammonia Supply Chains Japan’s Simultaneous Market: The Power Trading Shift Coming After 2028 METI’s co-optimization framework aims to reshape electricity trading dynamics and create new opportunities for international market participants. Japan’s electricity market may soon undergo one of its most significant structural transformations since …

Japan’s Power Market Revolution: METI’s Bold Plan to Secure Demand Three Years Ahead

Publication date: Sept 11, 2025 Japan Moves to Develop Hydrogen and Ammonia Supply Chains Japan’s Power Market Revolution: METI’s Bold Plan to Secure Demand Three Years Ahead How new mandatory procurement rules could reshape trading opportunities and market dynamics. Japan’s Ministry of Economy, Trade and Industry (METI) is proposing a fundamental shift in how electricity …

Mitsubishi Exits Three Offshore Wind Projects in Japan

Publication date: Sept 8, 2025 Japan Moves to Develop Hydrogen and Ammonia Supply Chains Mitsubishi Exits Three Offshore Wind Projects in Japan Mitsubishi Corporation announced that it will withdraw from the development of three OSW projects in Akita and Chiba prefectures, which the company won in Round 1 of the government’s public OSW auction. The …

Japan Moves to Develop Hydrogen and Ammonia Supply Chains

Publication date: Sept 2, 2025 Japan Moves to Develop Hydrogen and Ammonia Supply Chains Japan Moves to Develop Hydrogen and Ammonia Supply Chains Hydrogen (H₂) and ammonia (NH₃) are energy sources expected to be utilized in a wide range of sectors in Japan, including power generation, transportation, and industry (such as steelmaking). Japan drafted the …

Japan Prepares for Introduction of Emissions Trading System (ETS)

Publication date: Sept 1, 2025 Japan Prepares for Introduction of Emissions Trading System (ETS) Japan Prepares for Introduction of Emissions Trading System (ETS) From FY2026, Japan’s Emissions Trading System (ETS) is expected to begin operation, covering businesses with direct CO2 emissions of 100,000 tons or more. Under the Subcommittee on the Emissions Trading System, detailed …