Publication date: Oct 24, 2026 Japan’s Long-Term Decarbonization Auction (LTDA) to Introduce Fixed Repayment Option for LNG Power Plants A new mechanism will allow LNG-only thermal power plants awarded contracts in the long-term decarbonization auction LDTA to choose to fix the amount they repay from earnings in the wholesale and other markets. The auction forms …
Tag Archives: Capacity Market
OCCTO Proposes New Supplementary Auction to Retain Aging Thermal Power Plants
Publication date: Sept 18, 2026 OCCTO Proposes New Supplementary Auction to Retain Aging Thermal Power Plants At an expert meeting, the Organization for Cross-regional Coordination of Transmission Operators (OCCTO) proposed introducing a new ‘supplementary auction’ in the capacity market to procure additional capacity one to three years before delivery, alongside the existing main auction (T-4) …
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Japan’s Mid-Long Term Market design takes shape
Publication date: Sept 1, 2026 Key Takeaways Japan is moving toward longer-term electricity procurement, with proposed obligations requiring retailers to secure 50% of expected demand three years ahead and 70% one year ahead. A new Mid-Long Term Market is expected to begin in FY2028 to support this shift. Retailers will be able to meet these …
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