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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
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...
Japan Revises Offshore Wind Auction Rules Ahead of First Round Re-Auction
Wind/Offshore Wind
December 1, 2025
The Ministry of Economy, Trade and Industry (METI) and the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) jointly held an expert meeting to...
Government Details Tender Process for Selecting GX Data-Center Clusters
Data-Center
November 22, 2025
The Working Group (WG) of Public-Private Advisory Council on Watt-Bit, which focuses on effective coordination between power and telecommunication, has outlined the details for...
Japan Outlines 2050 Roadmap for Introducing Next-Generation Geothermal
Geothermal
November 17, 2025
The public-private council on next-generation geothermal power has finalized a 2050 roadmap to introduce the technology, with the roll out beginning in 2030. The plan...
Rethinking Renewable Procurement: How GHG Protocol Reforms May Reshape Japan’s Corporate Market
Renewable
November 14, 2025
Corporate decarbonization reporting is about to change. The next revision of the GHG Protocol will reshape how organizations measure and verify their Scope 2 electricity...
Japan Seeks to Balance Renewable Growth With Environmental and Regional Considerations
Renewable
November 10, 2025
According to a report by Fuji Keizai, Japan’s domestic green electricity retail market is projected to reach around JPY 4.8 trillion in FY2040, 6.9 times...
Japanese Government’s Growing Leadership Role in the Offshore Wind Market
Wind/Offshore Wind
November 3, 2025
Offshore wind power in Japan made headlines this summer when Mitsubishi Corporation announced its withdrawal from 1.7 GW of projects awarded in the first offshore...
Strategic Procurement in Japan: Managing Risk Beyond the Basics
Electricity
November 3, 2025
Japan’s electricity market stability was tested during the 2021–2022 global energy crisis, when LNG import prices surged 300% year-over-year and exposed the vulnerability of relying...
EPRX Revises FY2026 Balancing Market Rules to Encourage Greater Participation
Balancing Market
November 2, 2025
The Electricity Power Reserve eXchange (EPRX), which operates the balancing market, has held an online briefing session to explain revisions to trading rules for FY2026...
METI Moves to Reshape Japan’s Balancing Market with New Price Cap Limits
Balancing Market
October 30, 2025
The secretariat of METI’s System Review Working Group proposed some major changes to the balancing market from FY 2026, including reducing the price cap for...
Mid-Long Term Market to Adopt Continuous Trading for One-Year Delivery
Electricity
October 28, 2025
The Working Group (WG) on System Design based on the Review of Power System Reforms has been discussing the institutional design of Japan’s Mid-Long Term...
METI Grants First Price Gap Support for Hydrogen and Ammonia Supply Projects
Hydrogen/Ammonia
October 21, 2025
The Ministry of Economy, Trade and Industry (METI) has approved the first projects for a price gap support program that subsidizes the cost difference between...