Shulman Advisory

OCCTO Publishes Data on Retailers’ Spot Market Dependency

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 …

April 2025 Monthly Newsletter: The Latest News In The Japanese Power Market

Publication date: May 5, 2025 April 2025 Monthly Newsletter: The Latest News In The Japanese Power Market April 2025 Monthly Newsletter On April 13, Expo 2025 Osaka, Kansai was officially inaugurated. At the Japan Pavilion, hosted by the Japanese government, the theme is “circularity”, exemplified by a functioning biogas power system that converts waste produced at the venue into …

Renewable Energy Levy Increases to JPY 3.98 per kWh

Publication date: April 6, 2025. Renewable Energy Levy Increases to JPY 3.98 per kWh Renewable Energy Levy Increases to JPY 3.98 per kWh The Ministry of Economy, Trade and Industry (METI) announced that the renewable energy levy for FY2025, imposed on electricity prices under the Feed-in-Tariff (FIT) and Feed-in-Premium (FIP) schemes, will increase by JPY …

March 2025 Monthly Newsletter: The Latest News In The Japanese Power Market

Publication date: April 2, 2025 March 2025 Monthly Newsletter: The Latest News In The Japanese Power Market March 2025 Monthly Newsletter On March 11, it will be 14 years since the Great East Japan Earthquake. The government continues to push ahead with the restart of nuclear power plants, and this trend is expected to continue in …

JEPX Sees Higher Demand for NFCs

Publication date: March 14, 2025 JEPX Sees Higher Demand for NFCs The results of the third round of the Non-Fossil Value Trading Market for FY2024 became available in February this year. Contracted volume for Feed-in-Tariff (FIT) Non-Fossil Certificates (NFCs) increased 31.7% to 15,342.98 GWh in the Environmental Value Trading Market, a new record high. In …

February 2025 Monthly Newsletter: The Latest News In The Japanese Power Market

Publication date: March 4, 2025 February 2025 Monthly Newsletter: The Latest News In The Japanese Power Market February 2025 Monthly Newsletter Friends and Colleagues, Cold weather affected Japan in February, leading to increased electricity demand. The lower temperatures pushed up heating requirements, increasing spot market prices and gas consumption – although rising solar output is a reassuring …

January 2025 Monthly Newsletter: The Latest News In The Japanese Power Market

Publication date: Feb 6, 2025 January 2025 Monthly Newsletter Friends and Colleagues, January 2025 Monthly Newsletter: The Latest News In The Japanese Power Market Recently, the European Union’s Copernicus Climate Change Service released a study showing that the global average temperature in 2024 was 1.6 degrees Celsius higher than in the pre-industrial era and that it is highly likely …

TEPCO PG Predicts Its First Electricity Curtailment

Publication date: Feb 5, 2025 TEPCO PG Predicts Its First Electricity Curtailment TEPCO PG Predicts Its First Electricity Curtailment Tokyo Electric Power Company Power Grid (TEPCO PG) has forecast that it may have to curtail a small proportion of its renewable energy output for the first time in FY2025 based on the priority power supply …

Year in review 2024 (December 2024)

Publication date: Dec 23, 2024 As 2024 draws to a close, we’ve taken stock of some of the key developments shaping Japan’s energy market this year. While progress continues, there’s still much work to be done to achieve the nation’s ambitious decarbonization goals. Read the full article below to uncover the key developments and milestones …