Jul 5, 2015

Electricity and gas liberalization

Liberalization of the electricity and gas industries could be a boon, but the government needs to keep a close watch to make sure consumers don't get burned.

May 15, 2015

Government approves 8.36% price hike for Kepco

The government on Friday approved hiking electricity rates for Kansai Electric Power Co.’s household subscribers by an average of 8.36 percent, effective June 1. Kansai Electric will, however, limit the hikes to 4.62 percent on average for the first four months to lessen the ...

May 12, 2015

Kepco to raise household electricity rate by 8.36%

Kansai Electric Power Co. will raise the amount it charges households for electricity by an average of 8.36 percent starting June 1, industry minister Yoichi Miyazawa said Tuesday. Higher imported fossil fuel costs are weighing on the firm’s earnings in the absence of nuclear ...

Apr 19, 2015

Osaka Gas boss targets Tokyo market

Osaka Gas Co. is mulling various tieup options ahead of the full liberalization of the retail electricity market in fiscal 2016 and the gas retailing market in 2017, President Takehiro Honjo said in a recent interview. “Tokyo is an attractive market,” Honjo said, expressing ...

Apr 17, 2015

Current nonnuclear power capacity should suffice for summer: METI

Japan is expected to secure the minimum required power supply capacity this summer, the industry ministry said Thursday, meaning electricity supply will be sufficient during the high-demand season even if none of the country’s nuclear reactors resumes operation by then. Although the government is ...