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Japan Market Update

The opening of Japan’s retail mass market on April first of this year provided choice for 81M households, shops and small offices. This introduced 81M new customers, or almost 38% of the country’s electricity usage. Historically, Japanese residential buyers have proven to be early adopters and highly energy conscious, a trend which enhances the desirability of joining in the expanding marketplace. Skipping Stone has been engaged in the market changes since 2014 when CEO Peter Weigand began discussions with Japanese energy officials regarding sharing Skipping Stone’s expertise in the US deregulated energy markets with Japan. Through the US Department of Commerce, the US Embassy in Tokyo, Japan’s Ministry of Economy, Trade and Industry (METI) and Denki Shimbun, Japan’s 100+ year old Electric Daily News publication Peter and Skipping Stone’s Tokyo office have provided guidance across the changing energy landscape.
This week, Skipping Stone welcomes the addition of Tom O’Sullivan and the Mathyos consulting team. Mathyos has over thirty years of combined client servicing experience in global organizations including PricewaterhouseCoopers, Citigroup, Merrill Lynch, Deutsche Bank, various Japanese Power Generation and Power Infrastructure companies, and Thomson Reuters.
Mathyos’ focus regions will further support Skipping Stone’s continued growth in Japan’s liberalizing energy markets and expand our global reach further into Asia, augment our presence in Europe and add a financial sector focus to our list of service offerings.
Read the press release here.