In April 2025, NExT-e Solutions and Pacific Metals joined the Electric Power Reserve Exchange (EPRX), which runs Japan’s balancing market. Terras Energy was removed from the list of members due to its merger into Eurus Energy Holdings.
With that, the exchange had 91 members as of the end of April 2025.
NExT-e Solutions is a battery systems manufacturer also involved in distributed energy resource aggregation. Pacific Metals is a metal products manufacturer that also owns diesel generation.
EPRX was established on April 1, 2024, to take over the operation of Japan’s balancing market, which was partially launched in April 2021, from a cooperative of Japan’s nine mainland TSOs.
