Free Webinar on Rising Electricity Prices
In light of the recent turmoil in the Middle East, global oil prices (WTI) have once again exceeded the $110 mark, signaling a significant turning point in the energy market. Electric prices are closely tied to fluctuations in fuel costs, particularly LNG, which makes the current surge in energy prices highly relevant.
The structure of electric pricing relies heavily on fuel costs, and today's rise in energy prices is expected to cascade into electricity rates. Comparing with the price surge in 2022, it is evident that we are entering another upward trend. In the electricity market, several changes have become apparent, including:
- - The surge in electricity spot prices has hit around 20 yen/kWh, with some time slots exceeding 40 yen/kWh.
- - Electricity futures prices have remained consistently high for over a year.
- - Major power companies have begun halting new applications.
This shifting dynamic in the electricity market indicates a move away from merely price concerns to a more pressing question of procurement—“Will I be able to secure a contract?”
Additionally, the adjustment for fuel costs that significantly impacts electricity bills has a peculiar lag structure. Typically, trade statistics from 3 to 5 months prior (averaged over three months) are used, which reflects past prices by 1 to 3 months. This creates a lag of up to 4-8 months, meaning that even if electricity prices seem stable now, the repercussions of rising energy prices will manifest with a delay.
Our upcoming webinar will delve into the intricacies of this evolving situation, providing a comprehensive understanding of several critical topics, including:
- - An overview of the Middle East situation and transitioning from transport to supply risks.
- - The relationship between oil, LNG, and electricity prices.
- - Current trends in electricity spot and futures prices.
- - The implications of halting applications by power companies on market structure.
- - The mechanics of electricity pricing, particularly the differences between market-linked and fuel cost adjustment types.
- - The delayed rise of fuel cost adjustments and the associated time lag.
- - Anticipated scenarios for electricity prices (short-term and mid-term).
- - Considerations and timing for contract renegotiations.
- - Key points for budget planning and energy cost management within companies.
Please note that the webinar's content may change depending on circumstances.
This free webinar aims not just to present market explanations but to offer practical insights directly useful for corporate decision-making. It is especially beneficial for organizations anxious about the rise in electricity prices or those preparing for contract renewals.
Event Details:
- April 9, 2026 (Thursday) from 5:30 PM to 6:00 PM
- April 10, 2026 (Friday) from 12:15 PM to 12:45 PM
- - Format: Online (via Zoom)
- - Cost: Free
- - Target Audience: Corporate representatives managing electricity contracts
How to Participate:
To join, please fill out the registration form at the following link:
Registration Form. A Zoom link will be sent by email on the day of the event to those registered.
- - Platform: Zoom (pre-registration required)
- - Registrations are open until one hour before the event.
- - Participation from competing companies may not be accepted.
Presenter:
Yuto Takahashi (President, JEPS)
Having worked in corporate sales and gas sales at Kyushu Electric Power, Mr. Takahashi has significant experience in energy ventures. He joined JEPS in April 2024 and has a commendable track record in supporting electricity cost reduction for J-REITs and foreign funds.
Company Overview:
- - Company Name: Japan Electric Power Procurement Solution, Inc.
- - Representative: Yuto Takahashi, President
- - Location: 3-9-10 Shinbashi, Minato-ku, Tokyo
- - Capital: 9,000,000 JPY
- - Business Scope: Electric procurement consulting, renewable energy procurement support, electricity budget formulation support, and assistance with switching electricity providers.
- - Website: JEPS Website