2014/06/11
The Diet enacted legislation to end the grip regional monopolies have held for 60 years on the household electricity market by opening it up to greater competition.
The move is expected to revolutionize the ¥7.5 trillion market for households and other small consumers in around 2016, as part of a broader shake-up of the country’s power industry.
Households will become able to choose their supplier, shopping around for the best prices or for those offering power from renewable sources.
In the final stage, power companies will spin off power transmission and distribution into separate units starting around 2018 to 2020, so power grids will become more accessible to new entrants. This is expected to lead to fairer competition and will be submitted as a bill during the ordinary Diet session in 2015.
<Media Report>
Households free to choose power supplier (Japan Times)
Tags:japanese government, news, utilities
Fukushimabeacon2 |
Evacuation orders lifted in 3 municipalities today, one more tomorrow
The number of Fukushima children diagnosed with or suspected to have thyroid cancer became 172
Court issues injunction to halt Takahama nuclear reactors
NRA calls for replacing operator of Monju
Nuclear Evacuees Start a National Organization Appealing for “the Right to Evacuate”
Ehime governor gives OK for restart of Ikata nuclear power plant
Ex-Fukushima worker’s leukemia certified as industrial accident
2nd reactor at Sendai plant restarted
TEPCO releases first batch of decontaminated Fukushima groundwater to sea