Shulman Advisory

Japan Modifies Proposed FY2026 Balancing-Market Reforms

Publication date: Feb 7, 2026 Japan Modifies Proposed FY2026 Balancing-Market Reforms In October 2025, the Ministry of Economy, Trade and Industry (METI) proposed a reduction in the balancing market price cap to JPY 7.21 starting from FY2026. This was met with widespread criticism from market participants, who claimed it could undermine market dynamics. Following discussions, …

JERA, PowerX JV in Deal to Manage BESS Capacity

Publication date: April 11, 2025 JERA, PowerX JV in Deal to Manage BESS Capacity JERA Cross, a wholly owned subsidiary of JERA (a joint venture owned by TEPCO Fuel & Power and Chubu EPCo) and PowerX, announced that it had signed a basic agreement for a comprehensive collaboration to jointly promote #BESS (Battery Energy Storage …