Economics
Japan Utilities May Lose Electricity Grid to Consumers’ Benefit
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Japan took a step toward stripping its power monopolies of distribution and transmission assets, potentially lowering electricity prices and giving users a choice of provider. Except consumers will have to wait.
A government appointed committee today recommended 2018 to 2020 as when the 10 regional utilities, including the biggest Tokyo Electric Power Co. and Kansai Electric Power Co., should spin off distribution networks, dismantling a model that helped rebuild Japan’s economy after World War II.