Japan’s power sector urged to review auction rules
HCCR - Human Capital Consulting Recruiting HCCR - Human Capital Consulting RecruitingJapan’s power sector is under pressure to reform pricing rules of the country’s power capacity market auction, given unexpectedly high prices in the recent first auction. The contract price for the first auction, which was for power generation capacity available in the April 2024-March 2025 fiscal year, settled at ¥14,137/kW ($134.45/kW) for 167.69GW. This was…
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