Japan asks households, companies to conserve electricity during winter

Japan said on Tuesday it will ask households and companies across the country to conserve electricity within “a reasonable range” during the peak winter demand season to alleviate a possible power crunch in the world’s third largest economy.

Between Dec. 1 and March 31, users will be asked to turn off unnecessary lights, wear layered clothing indoors and turn the heating temperature lower.

Japan’s power supply has been tight in recent years as nuclear power plants have been slow to restart after the 2011 Fukushima nuclear disaster. Rising risks that the Russia-Ukraine war could further disrupt global fuel supplies have also added pressure this year.

“The power situation remains severe though we expect to be able to secure the reserve ratio of 3% during the winter,” said Yasutoshi Nishimura, Japan’s industry minister, referring to the minimum generation power capacity required for stable supply.

In Between Street

“We won’t set a numerical target, but will ask for power conservation and energy saving for the entire nation,” he told a news conference.

Other measures such as rebooting idled power plants, making effective fuel procurement and encouraging power conservation through a point programme were also being implemented, he said.

Nuclear power plants have grappled with tighter regulations since the Fukushima nuclear disaster, while power supply has also been curbed by a series of closures of aging thermal power plants, in part to meet Japan’s carbon (CO2) emissions reduction goals.

The resource-poor country also faces the growing risk that a prolonged Russia-Ukraine war and widening Western sanctions on Moscow could disrupt supply and cause fuel shortages.

Japan’s electricity supply outlook for the winter has improved after it secured extra power generation capacity through public auctions, national grid monitor OCCTO said in September.

[Source: Reuters/Images: Flikr)

City at Night

Related Articles

Information, News
Japan adopted a new energy policy on Friday that promotes nuclear and renewables as sources of clean energy to achieve the country’s pledge of reaching carbon neutrality in 2050. The new basic energy plan, adopted by the Cabinet just in time for the climate summit in early November, calls for drastically increasing use of renewable energy to cut fossil fuel consumption over the next decade as Japan pushes to meet its ambitious emissions reduction target.
Since Feb 2020, with the onset of the Covid-19 global pandemic, things have changed slightly - J-REITs, which tend to be far more liquid and volatile than their underlying assets due to their very nature, have been trending down significantly in their share cost to Net Asset Value (NAV) ratios...
Holiday/Home Makers, Investors/Business
Other travellers have also transitioned from being mere tourists to becoming proud holiday home owners. In this article, we’ll focus on the most popular ski resort locations - namely Niseko, Hakuba and Myoko, where many foreigners have been purchasing holiday homes in recent years.
As featured in Asian Property Review - New robust demand for large multi-tenant logistics facilities in Tokyo, Osaka and Nagoya, is breaking all existing records. The world has evolved. Consumers will never go back to the same office, industrial and shopping environments that were taken for granted prior to the pandemic. Online shopping has moved from ‘convenience’ to ‘necessity.’