Shulman Advisory

METI Outlines License Revocation Procedure for Dormant Electricity Retailers

Publication date: Sept 4, 2026  METI Outlines License Revocation Procedure for Dormant Electricity Retailers Following the July 2026 amendments to the Electricity Business Act, the Ministry of Economy, Trade and Industry (METI) will be able to revoke a retail license if, without a justifiable reason, the retailer (i) fails to commence its retail electricity business …