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Wholesale and retail electricity markets in Japan: Results of market revitalization measures and prospects for the current reform

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  • Kenta Ofuji and Naoki Tatsumi

Abstract

This study provides an overview of the current status of the wholesale and retail electricity markets in Japan, with a focus on the results of market revitalization policies, such as the thermal power bidding system, regular backup, and partial supply system. This study also offers a perspective on the future of the Electricity System Reform policy currently under way. Throughout the history of Japan's electricity market reform, the implementation of full-scale retail deregulation and the unbundling of electricity generation from the transmission and distribution (T&D) sectors have been significant issues. The outcomes and issues generated by market revitalization efforts indicate that reforms have entered the crucial stage that determines whether consumers will actually benefit from them.

Suggested Citation

  • Kenta Ofuji and Naoki Tatsumi, 2016. "Wholesale and retail electricity markets in Japan: Results of market revitalization measures and prospects for the current reform," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 1).
    • Handle: RePEc:aen:eeepjl:eeep5-1-ofuji
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    1. Bruce Mountain, 2013. "Market Power and Generation from Renewables: the Case of Wind in the South Australian Electricity Market," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 1).
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    Cited by:

    1. Kota Sugimoto, 2024. "Competitive effects of implicit auction on interconnectors: evidence from Japan," Journal of Regulatory Economics, Springer, vol. 66(1), pages 95-134, August.
    2. Seo-Young Lee & Kyung-Min Bak & Seung-Hoon Yoo, 2024. "Comparison of the Roles of the South Korean and Japanese Electric Power Sectors in Their National Economies," Energies, MDPI, vol. 17(5), pages 1-24, March.
    3. Athanasios Dagoumas & Nikolaos Koltsaklis, 2020. "Zonal Pricing in Kazakhstan Power System with a Unit Commitment Model," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 24-36.

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    JEL classification:

    • F0 - International Economics - - General

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