Japan May Reset Energy Saving Target

THE Japanese government is likely call on businesses serviced by Tokyo Electric Power Company and Tohoku Electric Power Company to reduce electricity use by 15 percent compared to last year.

The Japanese Minister of Economy, Trade and Industry, Banri Kaieda, revealed the possible move today, which sees the target for the summer peak period eased from the government's earlier plan, after measures to boost the electricity supply are having an effect following the March 11 earthquake and tsunami.

However, Kaieda told the press, ''There still remains a significant supply-demand gap. We want everyone to try harder to conserve power.''

The government set a target on April 8 for large businesses to cut energy use by 25 percent and smaller enterprises to reduce energy use by 20 percent, all based on the assumption that Tokyo Electric would fall short by 15 million kilowatts of power during the summer while Tohoku Electric face a 3.3 million kilowatt shortage.

Fearing that the targets would affect Japan's economy the government is considering the altered targets. It will confirm any new measures to offset the power shortages after Japan's “Golden Week” holiday period ends in early May.

Kaieda added that it was possible that Tokyo Electric, would supply Tohoku Electric with power, as Tohoku's output capacity remains depleted since the quake and tsunami.

The minister also revealed a plan for a panel of experts to consider Japan’s future energy policy, the seven-member panel is due to meet for the first time early next month, he said.

Picture of Tokyo by Retinafunk

Thursday 28th April 2011

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