Japan spot power price rises 2.4% to JPY22.36 per kWh on Wednesday, highest since Apr 9; prices remain near 2023 highs after Strait of Hormuz fuel disruptions following a US-Israel strike on Iran three months ago; Hotter-than-normal forecast may boos

2026-05-27

Japan spot power price rises 2.4% to JPY22.36 per kWh on Wednesday, highest since Apr 9; prices remain near 2023 highs after Strait of Hormuz fuel disruptions following a US-Israel strike on Iran three months ago; Hotter-than-normal forecast may boost cooling demand—ECMWF data, Vaisala forecasts Tokyo max >31°C on Friday.