JAPAN
Russia
China
N. Korea
Japan
S. Korea
Law and Practice Contributed by: Rintaro Hirano, Yutaro Fujimoto, Yurika Masakane and Yutaro Kato Nagashima Ohno & Tsunematsu
Tokyo
Contents 1. Structure and Ownership of the Power Industry p.121 1.1 Law Governing the Structure and Ownership of the Power Industry p.121 1.2 Principal State-Owned or Investor-Owned Entities p.123 1.3 Foreign Investment Review Process p.124
1.4 Sale of Power Industry Assets p.125 1.5 Central Planning Authorities p.126
1.6 Recent Changes in Law or Regulation p.127 1.7 Announcements Regarding New Policies p.130 1.8 Unique Aspects of the Power Industry p.133 2. Market Structure, Supply and Pricing p.133
2.1 The Wholesale Electricity Market p.133 2.2 Electricity Imports and Exports p.136 2.3 Supply Mix of Electricity p.136 2.4 Market Concentration Limits p.136 2.5 Surveillance to Detect Anti-Competitive Behaviour p.136 3. Generation Facilities p.137 3.1 Constructing and Operating Generation Facilities p.137 3.2 Obtaining Approvals to Construct and Operate Generation Facilities p.137 3.3 Approvals to Construct and Operate Generation Facilities p.138 3.4 Eminent Domain, Condemnation and Expropriation Rights to Construct and Operate Generation Facilities p.139 3.5 Decommissioning a Generation Facility p.139 4. Transmission Lines and Associated Facilities p.140 4.1 Constructing and Operating Transmission Lines and Associated Facilities p.140 4.2 Obtaining Approvals to Construct and Operate Transmission Lines and Associated Facilities p.140 4.3 Terms and Conditions Imposed on Approvals to Construct and Operate a Transmission Line and Associated Facilities p.141 4.4 Eminent Domain, Condemnation and Expropriation Rights to Construct and Operate Transmission Lines and Associated Facilities p.142 4.5 Monopoly Rights to Provide Transmission Services p.142 4.6 Transmission Charges and Terms of Service p.142 4.7 Open-Access and Non-Discriminatory Transmission p.143
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