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 …

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 …