Electricity purchase from renewable energy companies Reflecting market price movement 13:16 on June 5

A law was passed at the plenary session of the House of Councilors on the 5th to review the system in which major electric power companies purchase electricity at a fixed price from renewable energy businesses such as so-called mega solar. In order to reduce the burden on users, a mechanism will be introduced to reflect market price movements in the purchase price.

Under the law that has been passed, a new system will be introduced by revising the system that major electric power companies purchase electricity from renewable energy at a fixed price.

Under the new system, electricity generated by large-scale power producers such as solar and wind power will be bought by electric power companies at prices that fluctuate depending on supply and demand conditions from the trading market.

However, in order not to discourage new businesses from entering the market, we are also introducing a mechanism to add a certain amount to the market transaction price.

Under the existing system, the burden of purchasing electricity from renewable energy exceeds 9000 yen per year for standard households, and the government wants to reduce the burden by introducing a new system. I have an idea.

On the other hand, solar power generation for home use will continue to be purchased at a fixed price.