Japan Electric Power Exchange
JEPX provides the following two types of market and bulletin board: Spot Market and Forward Market (Bulletin Board Products). Spot Market is the market where the electricity to be delivered next day is traded. 48 products are traded every 30 minutes in 24 hours a day. The bidding is done by a single price auction system. Under the single price auction system, a bid is made for the combination of price and quantity of each product. A point of intersection where the buying and selling conditions comply with each other is sought, and the price and contract quantity are decided at this point. In the forward market for bulletin board products, participants freely post matters related to electricity trading. For more information, visit http://www.jepx.org/english/index.html
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