Japan’s power market is undergoing a profound transformation. With the liberalization of the electricity market beginning in 2000 and a national push toward decarbonization, the demand for sophisticated risk management tools is greater than ever. The Japanese power futures market is at the forefront of this evolution, providing a critical platform for hedging against price volatility.
The European Energy Exchange (EEX) has emerged as a key player in this space, with its Japan Power Futures contracts seeing notable growth since their launch in May 2020. Trading volumes have surged, and EEX has captured a significant market share. Ahead of this week’s Japan Power Summit, we spoke with Bob Takai, CEO of EEX Japan, to discuss the factors driving this growth and what lies ahead for the market.
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