Japan’s Spot Power Prices Fall to 6-Year Low on Cheaper Fuel

  • 24-hour average electricity spot price fell to 5.541 yen/kWh
  • Crude oil in May is trading at the lowest level in 12 years

Japan’s spot power prices fell to a 6-year low amid the weakest oil price for this time of year since 2004 and low seasonal demand.

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