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 …
Publication date: Oct 2, 2026 Mid-Long-Term Market Update: Trading Areas and Mandatory Generator Offers The planned Mid-Long-Term Market will allow electricity retailers to procure power one and three years ahead to meet their supply capacity obligations. The Mid-Long-Term Market Design Working Group (WG) recently advanced discussions on two key elements of the planned market: how …
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Publication date: Sept 18, 2026 New Power Traders Association to Make Policy Recommendations for the Planned Mid-Long-Term Market More than 20 companies engaged in physical power trading in Japan have established the Japan Power Traders Association (JPTA) to provide practical industry input and policy recommendations on improving market design and trading rules. The voluntary association …
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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Publication date: July 1, 2026 Key Takeaways Japan has set concrete targets for its nuclear power policy, but its nuclear revival faces four major challenges: nuclear waste management, gaining local consensus, high investment costs, and securing human resources. Despite these challenges, Japan will push forward with nuclear development in the coming decades. Japan’s Nuclear Revival …
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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, …
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