Shulman Advisory

Japan’s GX-ETS Market Design: Implications for Power Prices and Market Dynamics

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 …

Japan Data Center Update 35: GX Strategic Zones: Japan Targets GW-Scale Data Center Clusters Across Nine Zones

Publication date: Sept 15, 2026  Japan Data Center Update 35: GX Strategic Zones: Japan Targets GW-Scale Data Center Clusters Across Nine Zones The designated GX Strategic Zones by types are as follow: (1) Industrial Complex Redevelopment Type: One zone METI designated Kawasaki City, which plans to establish a production scale-up hub for GX-related startups in …