#Japan #Tokyo #IEA Report #Tokyo Electric Power #Electricity Market

Seminar Overview

On March 12, 2026, join us for an insightful seminar titled "Reassessing the Structure of the Electricity System," led by Naoki Toda, Chief Economist at Tokyo Electric Power Holdings Inc. This event will take place from 10 AM to 12 PM (JST) at the SSK Seminar Room, located in the Zaimax Nishishinbashi Building in Minato City, Tokyo. Attendees can also participate via live streaming or via archived sessions accessible for two weeks after the event.

Context of the Seminar

The seminar aims to delve into the global issues surrounding electricity systems, particularly focusing on the under-investment problems that have surfaced due to recent advancements in digital transformation (DX) and green transformation (GX). Since the 1990s, reforms in power systems worldwide aimed to enhance efficiency through competitive market practices. However, these reforms have led to new challenges, especially in the current electric demand landscape.

The International Energy Agency (IEA) recently published a comprehensive report titled "Electricity Market Design," which highlights that the under-investment issue is a concern shared among various countries. This seminar will take a closer look at this IEA report, exploring the current state of under-investment and suggesting potential policy frameworks to address these challenges.

Key Topics to be Discussed

1. The Background of Electricity System Reforms and Under-investment Issues
- Understanding the drivers behind electricity system reforms.
- Analyzing why under-investment problems arise.

2. Insights from IEA's "Electricity Market Design"
- The arrival of the electric era according to the World Energy Outlook 2025.
- Components of electricity markets: short-term markets, mid- to long-term markets, and complementary mechanisms.
- Shared challenges across countries, particularly the lack of liquidity in long-term markets (known as Tenor Gap).
- IEA's policy recommendations.

3. Reflecting on the Late Akihiro Sawa's Insights
- Revisiting Sawa's foresight regarding the limitations of the open transmission model.
- Sawa's proposal for diverse retail service models.

4. Potential Solutions to the Tenor Gap Issue
- The hybrid market model.
- The role of public market makers and other initiatives.

5. Future Perspectives on Japan’s Electricity System
- Key challenges: securing financing.
- Obligations for electricity retailers to ensure supply capacity.
- Insights into GXETS from the electricity business perspective.

6. Q&A Session
- Opportunities for networking and exchanging business cards.

Registration Information

To participate, register at SSK's website. For further inquiries, please contact:
- Email: [email protected]
- Phone: 03-5532-8850
- Address: SSK, Zaimax Nishishinbashi Building 4F, 2-6-2 Nishi-Shinbashi, Minato City, Tokyo.

About SSK

Founded on December 6, 1996, the New Society System Research Institute (SSK) has been conducting about 500 corporate seminars annually for over 28 years. SSK aims to provide high-level corporate strategy, marketing, and technology information rapidly, contributing to business opportunities in a diversifying business environment. Besides seminars, SSK engages in various business activities, including seminar planning and operation services, lecturer dispatch, B2B advertising, commissioned research, market research report sales, and on-demand seminar sales.

SSK continues to deliver cutting-edge information and strives to be a strategic partner for its clients.