Shulman Advisory

Japan Power Market Insights

Stay up-to-date with the latest news in the Japanese energy market

through our Insights blog, covering timely and notable occurrences in the industry

Data Center Market Update 2: OCCTO’s 10-Year Demand Forecast
Data-Center
January 27, 2026

  Data Center Growth Intact, but Grid Constraints Slow the Timeline The latest 10-year demand outlook (FY2026 – FY2035) published by Organization for Cross-regional Coordination...

Government Unveils Selection Timeline for GX Strategic Area DC Clusters
Data-Center
January 26, 2026

  While there are financial support measures for data center (DC) operators (as we covered in our previous newsletter), the government also plans to subsidize...

Data Center Market Update 1: Wind Power, and On-Site Gas-Fired DCs
Data-Center
January 20, 2026

  Toyota Tsusho and its renewable energy subsidiary, Eurus Energy Holdings, announced they will develop Soya Green Data Center I (tentative name), a 3 MW...

Japan to Subsidize Up to 50% of Investment in 100% Decarbonized Data Centers
Data-Center
January 19, 2026

  Domestic data center (DC) electricity demand is growing rapidly and is expected to increase by more than 5 GW to a total of 6.16...

METI Shifts Toward Stricter Screening of BESS Grid Connection Applications
BESS
January 13, 2026

  The Ministry of Economy, Trade and Industry (METI) is accelerating discussions on tightening grid access rules and procedures for power generation facilities, particularly measures...

Government Sets Upper and Lower Price Limits for FY2026 GX-ETS
ETS
December 30, 2025

  The Ministry of Economy, Trade and Industry (METI)’s expert meeting discussed the upper and lower price limits for FY2026 emissions allowances and obtained approval...

Year in review 2025 (Dec 2025)
Electricity
December 22, 2025

  Year in review 2025 (Dec 2025) Policy  Proposed advanced procurement and Mid-Long Term Market to reshape retailer risk In July, METI’s Working Group proposed...

PowerX to List on TSE Growth Market as Domestic BESS Market Expands
BESS
December 22, 2025

  PowerX has received approval from the Tokyo Stock Exchange and will list on the TSE Growth Market on December 19. Founded in March 2021,...

Japan’s BESS Moment: Strategic Opportunity or Speculative Trap?
BESS
December 17, 2025

  Japan’s BESS Moment: Strategic Opportunity or Speculative Trap? Why international developers need more than optimism to navigate Japan’s battery storage gold rush. — Professor...

Tightening Balancing Market Design Could Reshape BESS Strategies
BESS
December 17, 2025

  At a recent expert meeting held in late October 2025, METI proposed two changes  for Primary Reserve (FCR) and Secondary Reserve I (S-FRR) in...

Prices Hit Cap in Second FY2025 NFC Auction as Non-FIT Volumes Rise
Electricity
December 9, 2025

  The Japan Electric Power Exchange (JEPX) has released the results of the second-round of the Non-Fossil Value Trading Market (or Non-Fossil Certificate (NFC) Auction)...

The Role of LNG in Japan’s Energy Transition and Upcoming GX-ETS Impacts
Energy
December 1, 2025

  Despite the Japanese government’s recent push to significantly increase the share of renewable energy in the energy mix, Japan still relies heavily on thermal...

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