Japan Power Market Outlook 1H 2025: Fuel Costs Drag Prices

BloombergNEF’s latest report delves into the key factors shaping Japan’s power market, forecasting an average power price of ¥11 per kilowatt-hour over the next two years. Our full analysis covers the influence of declining fuel costs, the interplay of supply and demand, and the persistent uncertainties that define the sector, including changing weather patterns, high solar penetration, rising thermal generator outages, and data center demand…