JAPAN ATOMIC INDUSTRIAL FORUM, INC.

for Japanese

ATOMS in JAPAN

30 October, 2015

Subcommittee Convenes to Address Policy Challenges in Electricity Market Deregulation

On October 27, the first meeting was held of the Subcommittee on Electricity Basic Policy, formed by the Advisory Committee for Natural Resources and Energy to address political issues in the process of electricity system reform.

At the meeting, members started discussions to verify issues that may arise when Japan shifts to full retail competition in the electricity market starting in April 2016. The subcommittee is chaired by Professor Hirotaka Yamauchi of the Graduate School of Commerce and Management, Hitotsubashi University, in Tokyo.

With reform of the country’s electricity system already begun, steps must be taken to ensure safety, supply stability and environmental compatibility at the same time. In such circumstances, the subcommittee was established as a venue to address a broad range of policy challenges, such as developing an efficient, competitive electricity market, and strengthening the competitiveness of firms in the field, including designing business systems and models.

For the moment, the subcommittee will verify the state of implementation of reforms provided in the amended Electricity Business Act, with an eye on full retail competition. It will also address political challenges in bolstering competitiveness in a time of deregulation, including expanding business overseas.

At the first meeting, representatives of the Agency for Natural Resources & Energy (ANRE) of the Ministry of Economy, Trade and Industry (METI) reported on the progress being made to prepare for the full deregulation of the country’s electricity market, including registration of electric power retailers, examinations of applications for consignment charges, and detailed systems designs regarding retailing.

As of October 23, 48 retailers were registered out of the 95 applications made since August after hearings by the Electricity Market Surveillance Commission, which is under the direct control of METI.

The commission and ANRE will now issue guidelines on retail matters before the end of the year. After that, applications by customers who wish to change current contracts from their electric power retailers will be accepted starting next January.

In April 2016, the Subcommittee on Electricity Basic Policy will be reorganized into the Electricity and Gas Basic Policy Subcommittee, incorporating deliberations on the reform of the country’s gas system, which have been carried out so far separately. That will allow it to move forward in terms of matters affecting the country’s entire energy market.

Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SNS facebooktwitter

NPPs Map

Video

Grossi on Fukushima: Marking a Decade Since the Accident

10 March, 2021
Grossi on Fukushima: Marking a Decade Since the Accident04:11

Recent News

18 November, 2021
METI Minister Speaks to IAEA International Conference on Decade of Progress Since Fukushima Daiichi Accident
15 November, 2021
Nuclear Energy’s Contribution to Achieving SDGs
8 November, 2021
COP26: Prime Minister Kishida Announces Additional Contribution of USD10 Billion for Climate Change Measures
30 October, 2021
Reelection of Suttsu Mayor Means Literature Investigation for HLW Disposal Will Continue
21 October, 2021
Kishida Makes First Visit to Fukushima Since Becoming Prime Minister
15 October, 2021
LDP Adds SMR Development and Nuclear Fusion to NPP Restarts in Its Policy Manifesto
7 October, 2021
Kishida Administration Inaugurated, with New METI Minister Hagiuda Holding Press Conference on Taking Office
6 October, 2021
IAEA Holds 65th General Conference in Vienna, with Japanese Minister of State for Science and Technology Delivering Statement in the General Debate
30 September, 2021
JAEC Releases 2020 White Paper on Nuclear Energy
17 September, 2021
NRA Permits Shimane-2 under New Regulatory Standards
14 September, 2021
IAEA Deputy Director General Evrard Visits Japan in Advance of Safety Review of ALPS-treated Water
1 September, 2021
Evaluation Report Issued by IAEA’s Review Mission to Fukushima Daiichi: First Visit since 2018
24 August, 2021
METI and IAEA Agree on Further Review Missions to Fukushima Daiichi
4 August, 2021
JAEA Restarts High-Temperature Engineering Test Reactor “HTTR”
2 August, 2021
Information about Fukushima Daiichi NPS Water Treatment
28 July, 2021
METI’s Committee Shows Rough Draft of Next Strategic Energy Plan
2 July, 2021
Mihama-3 Restarted After Decade-long Hiatus: First Restart in Japan of a Reactor Operating Beyond 40 Years
28 June, 2021
Mihama-3 Restarts after Decade-long Hiatus
25 June, 2021
New Canada-Japan Partnership Supports Greater Collaboration to Meet Climate Change Objectives and Net-zero Goals
24 June, 2021
METI Issues New Green Growth Strategy Through Achieving Carbon Neutrality
▲TOP