Power demand expected to stagnate in Japan

Mar 05, 2002 01:00 AM

Power demand in Japan will stagnate over the next 10 years, with average yearly growth estimated at 1.2 % between fiscal 2000 and 2011, an industry group said. The figure is the fourth consecutive record low estimate produced by the Japan Electric Power Survey Committee.
For the next fiscal year from April, the committee expects a fall of 0.4 % to follow an estimated 1.2 % drop in fiscal 2001. It will be the first back-to-back decline in power demand since the committee started compiling such statistics in 1952, it said.

The estimates are based on the assumptions that real gross domestic product will grow an average 1.6 % per year, and industrial output 0.6 %, for fiscal 2000-2011. The weak forecast reflects the current manufacturing slump in Japan and growing use of energy-saving technologies for consumer electronics products and commercial buildings, the committee said.

Source: Jiji Press
Alexander's Commentary

Change of face - change of phase

In the period of July 20 till August 3, 2015, Alexander will be out of the office and the site will not or only irreg

read more ...
« May 2020 »
May
MoTuWeThFrSaSu
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

Register to announce Your Event

View All Events