Electricity prices in Japan rise to the highest level in over three years, driven by high temperatures and increased LNG costs

智通财经2026/08/24 05:31

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Japan's nationwide next-day electricity price increased by 20% on Monday compared to last week, reaching 25.18 yen per kilowatt-hour, marking the highest level since January 2023.
High temperatures drive power demand: The Japan Meteorological Agency issued a nationwide abnormal heat warning. In Tokyo and the Kansai region, the highest temperature is expected to reach 35°C on Tuesday and Wednesday, while Nagasaki may climb to 37°C on Wednesday, boosting demand for air conditioning electricity consumption.
Fuel costs provide support: Asian spot liquefied natural gas (LNG) prices remain higher than the level before the US-Israeli strike on Iran at the end of February, directly increasing the power generation cost of Japan's largest electricity source. Coupled with high temperatures, this forms a double pressure.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

According to Reuters on September 11, Anthropic is in talks with Nvidia, seeking to bring the chip giant onboard as a cornerstone investor for its IPO. Nvidia is reportedly considering investing up to 10 billions USD in Anthropic’s IPO. Cornerstone investors are typically institutional investors who commit to buy a certain share of the IPO before it is offered to the public, providing early endorsement for the listing.

华尔街见闻•2026/09/12 00:46

Trump expresses dissatisfaction with Google's investment in building an AI center in Finland

智通财经•2026/09/12 00:36