Shulman Advisory

Mid-Long-Term Market Update: Trading Areas and Mandatory Generator Offers

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 …

New Power Traders Association to Make Policy Recommendations for the Planned Mid-Long-Term Market

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 …

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 …

Amended EBA allows METI oversight of Balancing and planned Mid-Long Term markets

Publication date: Aug 3, 2026  Amended EBA allows METI oversight of Balancing and planned Mid-Long Term markets The amended Electricity Business Act (EBA) was officially passed by the House of Councilors on July 17th, 2026, and will come into effect in September. The amended EBA’s main provisions are as follows: The Act establishes a financing …

METI Addresses Demand Growth and Supply Security in Power Market Reforms

Publication date: May 1, 2026  METI Addresses Demand Growth and Supply Security in Power Market Reforms Rising energy demand, driven by data center expansion, is increasingly driving power market conditions in Japan, while growing renewable capacity is reshaping supply dynamics. To grapple with the changing energy market, the Ministry of Economy, Trade and Industry (METI) …

METI Moves to Tighten Oversight of Electricity Markets

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 …