Shulman Advisory

February 2024 Monthly Newsletter: The Latest News In The Japanese Power Market

Publication date: March 25, 2024 February 2024 Monthly Newsletter Welcome to the second edition of our newsletter in 2024 on the latest happenings in Japan’s dynamic power market! We’re thrilled to bring you insightful stories shaping the energy landscape. From groundbreaking developments in decarbonization to innovative strategies for integrating electric vehicles with the power grid, …

Hokkaido Electric Announces Plans for Japan’s Largest Green Hydrogen Hub

Publication date: March 3, 2024 Hokkaido Electric Power Company (HEPCO), ENEOS, and Idemitsu announced on February 20 that they will jointly explore the construction of a green #hydrogen supply chain in Tomakomai, Hokkaido Prefecture. They plan to build water electrolysis plants and hydrogen storage facilities with a capacity of over 100MW by 2030. The plant …

Companies Required to Participate in GX Emissions Trading to Receive Green Funding

The Japanese government plans to make participation in the emissions trading scheme (ETS) a prerequisite for companies to receive decarbonization support. As discussed in the GX Implementation Council’s December 15 meeting, the move aims to make the ETS more effective and nudge hard-to-abate sectors to commit to deeper emissions reductions. 

Hot Topics for the 2024 Japan Power Market

Publication date: January 16, 2024 Today Shulman Advisory is delighted to share with you a focused overview of the Hot Topics shaping the landscape of the 2024 Japan Power Market. As we navigate through key themes such as sustainable energy initiatives, emerging technologies, regulatory frameworks, and market dynamics, our aim is to empower stakeholders, enthusiasts, …

Japan to begin Long-Term Decarbonization Power Source Auctions

Publication date: January 12, 2024 Japan’s first “Long-Term Decarbonization Power Source Auction”, or Long-Term Decarbonization Capacity Market, will be held this month. The auction is designed to promote investment in new carbon-free and low-carbon electricity sources over the long term to achieve carbon neutrality by 2050. The Organization for Cross-regional Coordination of Transmission Operators (OCCTO) …