ENERGY MARKET INTELLIGENCE

Your Japan Power
Intelligence.

Direct from the source.

Trusted by 70+ organisations across Asia and beyond.

Research-grade intelligence from the team inside Japan's market. eCompass delivers institutional-quality research on Japan's electricity market including regulatory updates, supply fundamentals, interconnection constraints, and spot analysis. Written in English by analysts based in Japan.

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WHY NOW

Japan's power market is uniquely opaque.
Most data platforms treat it as an afterthought.

Japan's power market is undergoing simultaneous reform across multiple dimensions — how retailers must secure physical supply ahead of delivery, how wide-area interconnection is planned and funded, how capacity and balancing markets evolve, and how renewable integration reshapes the supply stack.

For international participants, the challenge is straightforward: virtually every primary source — METI working-group minutes, OCCTO filings, consultation documents — exists only in Japanese.

eCompass tracks these developments and delivers the analysis in English, as they happen.

CHALLENGES

Sound familiar?

The frustrations we hear again and again from trading desks and asset-operations teams.

01

Market data is scattered

Power, fuel, and FX data live in separate places, making P&L forecasting and price fixing slow.

02

Fuel-cost & spread math is heavy

Computing FCA forwards and generation economics from the legacy utility formula in-house is labour-intensive.

03

Hard to keep up with fuel markets

There is no routine way to track the link between global benchmarks (JKM, TTF, JCC) and domestic power prices.

04

Slow to react to regulatory change

Unable to track regulatory and advisory council developments in real time, strategic responses end up perpetually one step behind.

05

Data wrangling eats your time

Collecting and cleaning data from multiple sources leaves little time for the analysis itself.

PRODUCT

eCompass is a single data platform for everything energy trading demands.

Three pillars of value covering every phase of a trading decision.

01 · Data Dashboard

Interactive market visualisation

Instantly visualise power, fuel, and fundamentals data in interactive charts

From forward curves to supply-demand fundamentals — all on one screen

02 · Research Reports

Interpretation, not just data

Specialist analysts cover power, fuel, and regulation

Delivered in both English and Japanese

03 · Data Integration

Plug into your own workflow

Connect directly via CSV download and REST API

Automate data updates and spreadsheet integration

DATA COVERAGE

Japan power intelligence you can't buy elsewhere.

Regulatory & Market Design

WHAT WE COVER

Reports reviewing discussions at METI advisory councils focused on wholesale market design, including capacity market rule changes, mid-term supply security, and reform of the Electricity Business Act. Coverage is based on published council minutes and materials, delivered in both English and Japanese.

WHY IS IT ESSENTIAL

Japan's regulatory environment changes constantly; missing a key rule change can invalidate an entire strategy. The hardest intelligence to obtain without a resident team.

Power Fundamentals & Interconnection

WHAT WE COVER

Daily generation capacity by fuel mix, planned and unplanned outages, and interconnection-line capacity across all 9 bidding areas.

WHY IS IT ESSENTIAL

Interconnection constraints are the single biggest driver of area price divergence. Understanding the Tokyo–Kansai spread requires this structural data.

Proprietary Japan Curves

WHAT WE COVER

Proprietary indices unavailable elsewhere — JLC (Japan LNG Curve) and JCoalC (Japan Coal Curve) — plus area-spread forwards, spark/dark-spread forwards, and 48-slot forward decomposition.

WHY IS IT ESSENTIAL

Built specifically for Japan's market structure. None of these are available from any other data provider.

Japan Power Market Analysis

WHAT WE COVER

Weekly analysis of Japan's spot and forward markets including price drivers, supply-demand dynamics, area divergence, and what to watch ahead, covering JEPX spot and forward-curve shifts.

WHY IS IT ESSENTIAL

Data tells you what happened. Analysis tells you why, and what it means for your next position. The layer that can't be automated.

Proprietary indices: JLC & JCoalC

Derived from international commodity futures prices and Japan trade statistics data through statistical modelling, delivering fuel forward curves calibrated to Japan's actual market conditions — unavailable from any other source.

RESEARCH REPORTS

Japan insight, in the language you work in.

Japan's power market is documented almost entirely in Japanese : filings, market notices, OTC commentary. Our resident team reads the primary sources and writes the analysis in English.

Daily

Power Report

Analysis of JEPX spot and forward market price movements and supply-demand fundamentals.

Weekly

Fuel Report

Analysis of global fuel benchmarks, including JKM, TTF, and crude oil, alongside geopolitical risk factors.

Policy

Regulatory Report (Market Design)

Fast-track coverage of METI and advisory council proceedings, including discussion content and committee member commentary.

WHO WILL BENEFIT THE MOST

Built for the teams navigating Japan's power market.

WHO WILL BENEFIT THE MOST

International Energy Traders & Utilities

Forward-curve API integration for OTC pricing, spot analysis in English, and regulatory entry intelligence.

WHO WILL BENEFIT THE MOST

Asset Managers & Project Investors

Instantly estimate generation profitability using spark and dark spread forwards. Continuously monitor spread economics to guide operational planning and hedging decisions.

WHO WILL BENEFIT THE MOST

Risk Management & Strategy Planning Teams

Forward curve and fundamentals API for internal risk models, scenario analysis for fuel cost exposure, and market structure intelligence for corporate strategy and procurement decisions.

DATA & API

Connect eCompass directly to your systems.

eCompass provides a REST API for automated retrieval of key data sets. Pull data directly into your models, risk systems, or internal dashboards. No manual exports required.

CURRENTLY AVAILABLE VIA API

Power forward curves

All 9 bidding areas, daily EoD

Power historical curves

Full history

Fuel forward curves

JLC, JCoalC & major indices

Fuel historical curves

Full history

Area spread forwards

All cross-area combinations

Area spread historical

Full history

Additional data sets — including fundamentals and research metadata — are on the roadmap.
Reach out to discuss your integration requirements.

HOW TO START

Getting started

01

Contact us / book a demo

Reach out via the form or schedule a demo.

02

Free trial

Start with a no-commitment trial period.

03

Agree to terms & open your account

Up and running the same day once set up.

04

Access dashboards & reports

Use it straight from your browser.

Start with 14 days free.

Full access, no commitment.

Get immediate access to forward curves, fundamentals, spot analysis, and research reports.

No credit card required. A member of our team will be in touch within one business day.

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