Publication date: Oct 23, 2026 Intraday Market Displays Bids by Area, Adjusted Imbalance Cap Rises to JPY 300/kWh On October 1, the Japan Electric Power Exchange (JEPX) began displaying bid information by area in its intraday market. The screen for trading participants now shows bid information for the nine areas grouped into five zones, allowing …
Publication date: Oct 5, 2026 Key Takeaways Japan’s GX-ETS is moving toward full implementation, with mandatory participation for large emitters beginning in FY2026 and a dedicated emissions allowance trading market planned for fall 2027. Power generators are expected to become subject to mandatory participation from Phase 3 in FY2033. For the power sector, the key …
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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: July 24, 2026 Balancing Market Price Caps Are Lowered to JPY 10/ΔkW-30 Min from September The Ministry of Economy, Trade and Industry (METI) presented a policy at the Power Supply Stability Working Group (WG) to lower the price caps for certain products in the balancing market. For Frequency Containment Reserve (FCR, or Primary), …
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