Unlike Japan’s previous power sector liberalisation measures, current efforts are both more urgent and far-reaching, focusing on improving third-party access to transmission and distribution that has prevented competition and limited cross-regional trade. While challenges remain, we see hopeful signs that both incumbent utilities and new entrants are beginning to prepare for increased competition.
Table of contents
Past liberalisation efforts have not led to increased competition
Post-3.11 reform is well under way
What's at stake?
How has the market responded?
Where will this leave the EPCOs?
Is this reform round really different?
What about the gas sector?
Tables and charts
This report includes 2 images and tables including: