Japan’s wholesale electricity prices have climbed to their highest level since January 2023 as extreme heat boosts demand while Middle East disruptions drive up LNG and other fuel costs.

Japan’s wholesale electricity prices have climbed to their highest level since January 2023 as extreme heat boosts demand while Middle East disruptions drive up LNG and other fuel…

By Tsvetana Paraskova of OilPrice.com Japan’s nationwide day-ahead electricity price soared by 20% in one week to settle on Monday at the highest level since January 2023, as gas…