Japan’s spot power price spikes amid robust demand

The day-ahead spot price traded on the Japan Electric Power Exchange spiked 8.6% to Yen 16.96/kWh for Sept. 10, led by higher contracted prices for the central and western areas due to robust power demand from the country’s prolonged heat. The Sept. 10 spot price rose from Yen 15.62/kWh for Sept. 9, driven by higher contracted prices for the Chubu,…The day-ahead spot price traded on the Japan Electric Power Exchange spiked 8.6% to Yen 16.96/kWh for Sept. 10, led by higher contracted prices for the central and western areas due to robust power demand from the country’s prolonged heat. The Sept. 10 spot price rose from Yen 15.62/kWh for Sept. 9, driven by higher contracted prices for the Chubu,…  Read More