Japan Power Prices Surge To Highest Since 2023

Japan Power Prices Surge To Highest Since 2023 By Tsvetana Paraskova of OilPrice.com Japan’s nationwide day-ahead electricity price soared by 20% in one week to settle on Monday at the highest level since January 2023, as gas supply disruptions from the Middle East and an intense heatwave pushed up prices and consumption.   The day-ahead power price in Japan has jumped to $0.16 (25.18 Japanese yen) per kilowatt-hour (kWh) on Monday, per data from the Japan Electric Power Exchang...

By Tyler Durden