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 …

METI to Set Up Three WGs to Rewire Market Design, Capacity Mechanisms, and Retail Obligations in Parallel

Publication date: April 14, 2026 METI to Set Up Three WGs to Rewire Market Design, Capacity Mechanisms, and Retail Obligations in Parallel The Ministry of Economy, Trade, and Industry (METI) announced at the Next Generation Infrastructure Development Subcommittee that it will establish three new working groups (WGs) related to power system reform. The Power Supply …