ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Japan's big utilities to share more output with newcomers

Former regional monopolies to release at least 10% of output on exchange

TOKYO -- Japanese regional power utilities will make at least 10% of their own output available on the country's electricity exchange next fiscal year, answering a call from the government to share more with new power providers that lack generating capacity.

Tokyo Electric Power Co. Holdings and its peers, which once enjoyed monopolies on the sale of electricity within their blocs, have until now released only 2-3% of their output through the Japan Electric Power Exchange. All of them except Okinawa Electric Power have informed the Ministry of Economy, Trade and Industry of their intention to do more starting next fiscal year.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more