Japan's spot power price soars to 2026 high amid heavy snow forecast

Spot prices on the Japan Electric Power Exchange rose to Yen 13.37/kWh for Jan. 21, marking the third consecutive daily increase, with the 24-hour day-ahead price soaring 16.4% from Yen 11.49/kWh for Jan. 20, amid a heavy snow forecast. The Jan. 21 JEPX price is the highest so far in 2026. The price was last higher for Oct. 31, 2025, when it stood at Yen 13.43/kWh. Higher contract settlementSpot prices on the Japan Electric Power Exchange rose to Yen 13.37/kWh for Jan. 21, marking the third consecutive daily increase, with the 24-hour day-ahead price soaring 16.4% from Yen 11.49/kWh for Jan. 20, amid a heavy snow forecast. The Jan. 21 JEPX price is the highest so far in 2026. The price was last higher for Oct. 31, 2025, when it stood at Yen 13.43/kWh. Higher contract settlementRead More