BusinessPhoto: Mint MarketsTokyo and Chubu Power Prices Reach Multi-Year Highs Amid Rising Fuel Costs
Japan's spot power prices surged over the weekend, with Tokyo and Chubu regions hitting their highest rates since September 2022 due to elevated fuel costs. Tokyo's price rose 1.1% to ¥36.11/kWh, Chubu's by 7.2% to ¥36.29/kWh. Nationwide average fell 8.7% to ¥30.09/kWh. LNG prices climbed to about $34 per million BTU, triple pre-war levels, impacting household electricity bills in Tokyo, projected to reach a record ¥9,738 in November.
Mint Markets··Tokyo




