Publication date: April 2, 2026 Japan’s Renewable Transition: Progress and Challenges Since the 7th Strategic Energy Plan The Middle East situation has once again exposed Japan’s dependence on imported fuels and reminds us of the importance of increasing energy self-sufficiency, currently at around 15% (Nikkei). The 7th Strategic Energy Plan (7th SEP), published by the …
Publication date: March 7, 2026 METI Moves to Tighten Oversight of Electricity Markets METI plans to expand its supervisory scope over electricity markets to enable it to ensure operational improvements in the Balancing Market and the planned Mid-Long Term Market,with the aim of promoting sound market operation, increasing participation, and stimulating market activity. The proposed …
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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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