Tight power supply seen for winter
17:30 JST, April 13, 2022
TOKYO (Jiji Press) — The electricity supply situation will be the tightest since fiscal 2012 in February next year if the winter is severely cold, the Economy, Trade and Industry Ministry said Tuesday.
The “reserve ratio,” which indicates the margin of electricity supply capacity over demand, will fall below 3%, the minimum level required for stable supply, in January and February in seven regions, including Tokyo, the ministry said.
From July to September, the reserve ratio will be 3% or higher in all regions even if the heat is severe, the ministry said.
But the ratio is estimated at minus 1.7% in January and minus 1.5% in February in the Tokyo region under severely cold weather.
The ratio is forecast to range between 2.2% and 2.5% during the winter period in the remaining six regions.
In the face of the severe outlook, the ministry will take steps to increase electricity supply, including inviting applications for additional supply.
"Business" POPULAR ARTICLE
-
Japan Lags in Efforts to Gain Value from Human Resources; Govt Working to Increase Usage
-
Japan, U.S., Philippines to Strengthen Nickel Supply Chains; Reduce Reliance on China for Critical Minerals
-
Ride-Sharing Services Start in Tokyo; Kanagawa, Aichi, Kyoto, Others To Follow Suit
-
Dollar Hits 33-Year High of 151.97 Yen in Tokyo (Update 1)
-
Bank of Japan Governor Lauded For Smooth Policy Change; Future Interest Rate Hikes to be Focus of Attention
JN ACCESS RANKING
- Japan Lags in Efforts to Gain Value from Human Resources; Govt Working to Increase Usage
- M6.0 Earthquake Hits Japan’s Tohoku Region; Fukushima, Iwate, Miyagi Prefectures Observe 4 on Japanese Scale With No Risk of Tsunami
- Cherry Blossoms Draw Crowd to Tokyo’s Ueno Park; Viewing Season Kicks Off to Slow Start
- Shohei Ohtani’s Former Interpreter Ippei Mizuhara Appears in School Textbook; Publisher Considers Replacing Content
- Shinkansen Services Suspended After Man ‘Searches for Phone’ on Tracks; Disruption Affects About 14,000 Passengers