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Japan / China / Korea

Two tropical depressions form with possible typhoons

The Japan Meteorological Agency announced on Jul 1 that two tropical depressions had formed, (a) in the South China Sea and (b) in the Marshall Islands. Tropical depression (a) had a central pressure of 1,002 hPa, with maximum sustained winds of 15 meters and maximum instantaneous gusts of 23 meters near its center. Tropical depression (b) had a central pressure of 1,000 hPa, with maximum sustained winds of 18 meters and maximum instantaneous gusts of 25 meters near its center.

Both tropical depressions are expected to develop into typhoons within the next 24 hours. The western tropical depression (a) is not expected to develop significantly and is forecast to become an extratropical cyclone over the Chinese continent. The eastern tropical depression (b) is expected to directly impact Guam and Saipan with a storm-force wind area around Jul 4, and then proceed towards the west of Kyushu while developing.
 

<PR>Notice

Rim Power report provides price trends in the spot market as the fully-liberalized retail market spotlights new power supply sources. We publish our own assessments of forward prices covering 15 months for Tokyo and Kansai areas as well as all Japan.

The report elaborates on spot transactions on the Tokyo Commodity Exchange (TOCOM) and the European Energy Exchange (EEX). We also update the operational status of thermal power stations in Japan.

The report also covers spark/dark spreads and includes on-time market news focusing on power-related topics. The use of various tables and graphs makes the report easier to read.

Main contents Rim Index Prices: Day-Ahead and Forward Prices

JEPX: Price trends, updates on buy/sell tenders, Price divergence by region Updates on thermal power stations: Tables showing operational status TOCOM/EEX: Transactions, Analysis on prices and background of deals Fuel cost adjustment by nine power utilities in Japan.

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