Japanese electricity demand to grow by 2 % annually

Mar 12, 1997 01:00 AM

The Japanese annual demand for electricity is expected to grow by an average 2 % from fiscal 1995 to a total 964 billion kWh in fiscal 2006, as demand for household electric lights will rise steadily, the Japan Electric Power Survey Committee said. The figure excludes all electricity that companies generate for their own use. But peak demand for electricity during the summer will only inch up 1.8 % to 203.47 million kW in fiscal 2006 on expectations of an improving load factor. The long-term outlook is compiled every March. The outlook is based on a projected annual 0.3 % rise in population and gross domestic product growth averaging nearly 3 %.

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