Shulman Advisory

TEPCO Restructuring to Include SoftBank and Global Funds as Potential Partners

Publication date: July 6, 2026 TEPCO Restructuring to Include SoftBank and Global Funds as Potential Partners According to Nikkei, Tokyo Electricity Power Company (TEPCO) Holdings is advancing negotiations on an equity partnership centered on five potential partners. In addition to Japan-based SoftBank and Japan Industrial Partners (JIP), a domestic investment fund, three foreign fund groups …

Japan to Update Battery Industry Strategy With New Targets and Timelines

Publication date: June 30, 2026 Japan to Update Battery Industry Strategy With New Targets and Timelines Amid a global oversupply of batteries, Japan aims to differentiate its domestic production by focusing on high-value-added areas such as performance and safety, alongside next generation battery technology. In response to evolving conditions, the Ministry of Economy, Trade and …

Kyushu T&D Launches Japan’s First 15-to-30-Minute Curtailment Control System

Publication date: June 5, 2026 Kyushu T&D Launches Japan’s First 15-to-30-Minute Curtailment Control System Kyushu Electric Power Transmission and Distribution (T&D) is strengthening measures to reduce renewable energy curtailment. Curtailment refers to a measure in which transmission system operators (TSOs) control power generation output to balance electricity demand and supply. Due to its sunnier weather …

OCCTO Awards 7.3 GW in Latest LTDA Round, With BESS Competition Easing

Publication date: June 5, 2026 OCCTO Awards 7.3 GW in Latest LTDA Round, With BESS Competition Easing The Organization for Cross-regional Coordination of Transmission Operators (OCCTO) has announced the results of the third round of the Long-Term Decarbonized Power Source Auction (LTDA). Total bidding volume reached 10.856 GW, of which 7.299 GW was awarded. The …

METI Selects 38 Candidate GX Strategic Zones for Final Approval This Summer

Publication date: May 19, 2026 METI Selects 38 Candidate GX Strategic Zones for Final Approval This Summer The Ministry of Economy, Trade and Industry (METI) selected promising zones under its GX Strategic Zone System, which aims to promote integrated development of decarbonized power and telecommunications infrastructure (‘watt-bit’ integration). A total of 38 zones were chosen …

Japan Shifts to Annual Revisions of Wheeling Charges Under Revenue Cap System

Publication date: May 4, 2026 Japan Shifts to Annual Revisions of Wheeling Charges Under Revenue Cap System The Electricity and Gas Market Surveillance Commission (EGC) plans to revise wheeling (transmission) charge calculation methods under the revenue cap system for the second regulatory period (FY2028–FY2032), shifting from the current flat five-year structure to annual revisions. The …

METI Addresses Demand Growth and Supply Security in Power Market Reforms

Publication date: May 1, 2026  METI Addresses Demand Growth and Supply Security in Power Market Reforms Rising energy demand, driven by data center expansion, is increasingly driving power market conditions in Japan, while growing renewable capacity is reshaping supply dynamics. To grapple with the changing energy market, the Ministry of Economy, Trade and Industry (METI) …

J-POWER and Mizuho Complete Hourly Matching Pilot Ahead of GHG Protocol Revision

Publication date: April 27, 2026 J-POWER and Mizuho Complete Hourly Matching Pilot Ahead of GHG Protocol Revision J-POWER, Mizuho Bank, and three other companies announced the successful completion of a pilot project demonstrating “hourly matching,” which verifies that renewable electricity generation and consumption are aligned on an hourly basis(the matched volume was not disclosed). Specifically, …

METI to Set Up Three WGs to Rewire Market Design, Capacity Mechanisms, and Retail Obligations in Parallel

Publication date: April 14, 2026 METI to Set Up Three WGs to Rewire Market Design, Capacity Mechanisms, and Retail Obligations in Parallel The Ministry of Economy, Trade, and Industry (METI) announced at the Next Generation Infrastructure Development Subcommittee that it will establish three new working groups (WGs) related to power system reform. The Power Supply …

JEPX System Upgrades: Shift to API-Based Trading Reshapes Market Access

Publication date: April 7, 2026 JEPX System Upgrades: Shift to API-Based Trading Reshapes Market Access JEPX will begin rolling out its upgraded trading system from April 2026, with a phased transition across spot and intraday markets extending through FY2026. The key change lies in the migration from browser-based trading to API (Application Programming Interface) -driven …