METI Names Groove Energy for Unpaid Renewable Energy Levy

Overview

Under Article 34 of the Act on Special Measures Concerning Renewable Energy, the Ministry of Economy, Trade and Industry announced Groove Energy Co., Ltd. for failing to pay a levy by the deadline specified in a demand notice. The company did not pay the levy due on November 2, 2026, or by November 10 of the same month after the demand.

This summary was automatically generated by AI. Please refer to the original article for accuracy.

Key points

  • The company named is Groove Energy Co., Ltd.
  • The announcement is based on Article 34, Paragraph 4 of the Act on Special Measures Concerning Renewable Energy.
  • The company failed to pay by both the original deadline and the deadline specified in the demand notice.

Overview

Under Article 34, Paragraph 3 of the Act on Special Measures Concerning Renewable Energy, the Ministry of Economy, Trade and Industry received notice from the Organization for Cross-regional Coordination of Transmission Operators that an electricity utility had failed to pay a levy by the deadline specified in a demand notice. The levy consists of charges paid by electricity users.

Impact

Under the Act, the Minister of Economy, Trade and Industry is to publish the name of an electricity utility that failed to pay by the deadline and the fact of nonpayment. In this case, the company's name and payment status were published.

Details

The utility concerned is Groove Energy Co., Ltd. The levy due on November 2, 2026, had not been paid by that date. The Organization for Cross-regional Coordination of Transmission Operators issued a demand notice setting November 10, 2026, as the deadline, but payment had still not been made by that date.

If a levy is not paid by its due date, the Organization for Cross-regional Coordination of Transmission Operators issues a demand notice setting a deadline for payment. If payment is not made by the specified deadline, the organization notifies the Minister of Economy, Trade and Industry, who publishes the utility's name and the fact of nonpayment. The legal basis is Article 34, Paragraphs 1, 3, and 4 of the Act.

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