Japan’s conundrum of peak power prices may begin to ease as the country’s solar-power expansion taps scorching summers to displace fossil fuels.
The resource-poor country, which has boosted solar capacity more than sevenfold since 2011, may follow a similar path as Germany, where electricity prices fell along with fossil fuel use during high consumption periods, according to Trevor Sikorski, an analyst at Energy Aspects Ltd. in London.
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