Shulman Advisory

Japan Shifts to Annual Revisions of Wheeling Charges Under Revenue Cap System

Publication date: May 4, 2026 Japan Shifts to Annual Revisions of Wheeling Charges Under Revenue Cap System The Electricity and Gas Market Surveillance Commission (EGC) plans to revise wheeling (transmission) charge calculation methods under the revenue cap system for the second regulatory period (FY2028–FY2032), shifting from the current flat five-year structure to annual revisions. The …

J-POWER and Mizuho Complete Hourly Matching Pilot Ahead of GHG Protocol Revision

Publication date: April 27, 2026 J-POWER and Mizuho Complete Hourly Matching Pilot Ahead of GHG Protocol Revision J-POWER, Mizuho Bank, and three other companies announced the successful completion of a pilot project demonstrating “hourly matching,” which verifies that renewable electricity generation and consumption are aligned on an hourly basis(the matched volume was not disclosed). Specifically, …

METI Further Clarifies Key Elements of the Retailer Obligation Framework

Publication date: March 30, 2026 METI Further Clarifies Key Elements of the Retailer Obligation Framework In our previous newsletter, Japan’s Power Market News Week 7, we noted that the Working Group (WG) on System Design Based on the Review of Power System Reforms would further examine key design issues regarding the planned retailer’s obligation to …