JEPX Pulse
Japan Power Market Intelligence
Market primer · trading rules · how to use JEPX Pulse

Guide

Japanese power market & trading rules

JEPX spot/intraday · FIT/FIP · certificates · curtailment · capacity & balancing · BESS

  • 48 half-hourly delivery slots (コマ); slot 1 = 00:00–00:30. Single-price blind auction, gate closure 10:00 JST the day before delivery.
  • System price is the unconstrained nationwide clearing price. When an interconnector is congested the market splits into area prices (エリアプライス) for the 9 areas; Hokkaido and Tokyo are most often decoupled from the western block (Chubu–Kyushu usually clear together).
  • Price floor ¥0.01/kWh (renewable oversupply; a strong signal of curtailment), ceiling ¥999. Kyushu, Shikoku and Hokkaido see the most floor hours in spring.
  • Volumes: ~30–40% of Japan's demand clears on spot; sell/buy bid curves are published daily.

Understanding this platform

Data feeds, metric definitions, model assumptions

  • JEPX spot & intraday CSV (all 48 slots, 9 area prices, volumes) — fetched every hour, current + previous fiscal year.
  • TSO area supply-demand actuals (エリア需給実績, OCCTO-standard format) for all 9 TSOs — demand, nuclear, thermal, hydro, solar/wind actuals and curtailment volumes, pumped storage, batteries, interconnectors.
  • JEPX non-fossil certificate auction results, METI / OCCTO / JEPX notices for the Policy tab. Freshness of every feed is shown in the LIVE badge; "Refresh now" forces a fetch.

Sources: JEPX spot & intraday CSV · TSO area supply-demand actuals (エリア需給実績, OCCTO format) for 9 areas · Prices in ¥/kWh · Analytics for information only, not investment advice.