Electricity prices in Japan have risen to nine-month highs this week as gains in global prices of oil, liquefied natural gas (LNG) and coal are starting to feed through to the country’s $150 billion power market. Energy prices across the world are hitting records or multi-year highs as economies from Europe to Asia recover from the pandemic but are facing lingering supply chain and other disruptions. read more For Japan, which imports all but a tiny amount of its energy needs, higher oil, gas and coal prices are bringing back inflation, with wholesale prices at 13-year highs. read more Elevated electricity prices are also reviving memories of last winter when prices hit record highs and Japan’s grid nearly failed in the worst energy crisis for the country since […]