Japan's power demand hit by coronavirus outbreak: industry head
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Japan Power Demand Slowdown highlights reduced electricity consumption as industrial activity stalls amid the coronavirus pandemic, pressuring utilities, the grid, and manufacturing, with economic impacts monitored by Chubu Electric and the federation of electric utilities.
The Core Facts
A drop in Japan's electricity use as industrial activity slows during the coronavirus pandemic, pressuring utilities.
Industrial slowdown cuts electricity consumption
Utilities monitor grid stability and demand trends
Pandemic-linked economic risks weigh on power sector
Japan's power demand has been hit by a slowdown in industrial activity due to the coronavirus outbreak, reflecting broader shifts in electricity demand worldwide, Japanese utilities federation's head said on Friday, without giving specific figures.
Electricity load profiles during lockdowns revealed changes in daily routines, as shown by lockdown electricity data across multiple regions.
Analysts have identified key shifts in U.S. electricity consumption patterns that mirror industrial slowdowns.
"We are closely watching development of the pandemic, underscoring the need for electricity during such crises, as further reduction in corporate and economic activities would lead to serious impacts," Satoru Katsuno, the chairman of Japan's federation of electric utilities and president of Chubu Electric Power Co Inc, told a news conference.
In parallel, the power industry has intensified coordination with federal partners to sustain grid reliability and protect critical workers.
Some governments, including Brazil, considered emergency loans for the power sector to stabilize utilities amid revenue pressures.
Consumer advocates warned that pandemic-related electricity shut-offs and bill burdens could exacerbate energy insecurity for vulnerable households.
