Publication date: July 6, 2025 Target Procurement Volume Increases for Next Capacity Market Auction (FY2029) Target Procurement Volume Increases for Next Capacity Market Auction (FY2029) The Organization for Cross Regional Coordination of Transmission Operators (OCCTO) drafted a demand curve for the capacity market auction for FY2025 (targeting actual supply in FY2029) at an expert meeting. …
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Publication date: July 2, 2025 June 2025 Monthly Newsletter: The Latest News In The Japanese Power Market June 2025 Monthly Newsletter The Copernicus Climate Change Service, a weather information agency of the European Union, announced that the global average temperature last month was 15.79°C, making it the second hottest May on record worldwide. In Japan as well, summer-like heat …
Publication date: June 30, 2025 Turning Up the Heat: Japan’s Sweltering June 2025 Turning Up the Heat: Japan’s Sweltering June 2025 This article was co-produced by Shulman Advisory and Atmospheric G2. Drawing on our combined expertise in power markets and weather analysis, we assess Japan’s June 2025 temperatures, their immediate impact on power markets and …
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Publication date: June 28, 2025 EEX to Introduce Daily Futures Contracts for Kansai Area EEX to Introduce Daily Futures Contracts for Kansai Area The European Energy Exchange (EEX) is considering introducing daily futures contracts for the Kansai area. EEX introduced daily products in the Tokyo area —both baseload and peakload—in June 2023. The Kansai region …
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Publication date: June 20, 2025 New 150MW BESS Station to Be Built Near Site of Fukushima Nuclear Plant New 150MW BESS Station to Be Built Near Site of Fukushima Nuclear Plant One of the largest Battery Energy Storage System (BESS) stations in Japan is to be built in Naraha Town, Fukushima Prefecture, south of TEPCO’s …
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Publication date: June 15, 2025 OCCTO Publishes Data on Retailers’ Spot Market Dependency OCCTO Publishes Data on Retailers’ Spot Market Dependency The Organization for Cross Regional Coordination of Transmission Operators (OCCTO) has begun publishing data on electricity retailers’ dependency on the spot market. Contrary to large utility companies, many retailers in Japan own limited generation …
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Publication date: June 9, 2025 New Rules on Bidding Price in the Balancing Market New Rules on Bidding Price in the Balancing Market The Electricity and Gas Market Surveillance Commission, a body under the Minister of Economy, Trade and Industry, established to monitor markets and promote fair competition, will now require bidders in the balancing …
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Publication date: June 2, 2025 June 2025 Monthly Newsletter: The Latest News In The Japanese Power Market May 2025 Monthly Newsletter After a cool pleasant April, the southern Kyushu region quickly saw the onset of the rainy season in early May, and other regions are expected to follow in June as usual – bringing warmer …
Publication date: May 24, 2025 METI to Tighten Green Housing Standards METI announced its intention to revise the definition of ZEH (net Zero Energy Houses) at an expert meeting. The revised standards will align with the “GX-Oriented Housing” concept introduced by the government last year, requiring the same level of insulation performance and energy-saving efficiency …
Publication date: May 20, 2025 Second Round of LTDA Sees Rising Interest From BESS Operators The Organization for Cross Regional Coordination of Transmission Operators (OCCTO) announced the results of the FY2024’s second round of the Long-term Decarbonization Auction (LTDA). The eligible power sources this time were largely divided into “decarbonized power sources” and “LNG-fired thermal …
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