Japan utilities expect slow power demand recovery, cautious on outlook

  • 📰 Reuters
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Japanese utilities expect a slow recovery in electric power demand toward March after a 5% drop in the April-June quarter though some are less confident that the worst is over.

FILE PHOTO: A worker puts up new logo of TEPCO Holdings and Tokyo Electric Power Company Group on the wall ahead of the transition to a holding company system through a company split at the TEPCO headquarters in Tokyo, Japan, March 31, 2016. REUTERS/Masayuki Terazawa/Pool/File Photo

In the April-June quarter, May was the weakest month with power demand falling 9%, according to the Organization for Cross-regional Coordination of Transmission Operators, Japan . “Power demand will slowly pick up, but it won’t return to the levels before the pandemic during this financial year,” he told an earnings news conference last week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Tepco. Fukushima. Compensation for Nuclear Damages. Fukushima nuclear power plant is 'brilliant'. Who compensates for damage to Mother Earth and the oceans?

TEPCO using the AECOM font in that picture. Not saying anything else.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan first quarter GDP unchanged at 2.2% annualised contraction after second revisionJapan's economy shrank an annualised 2.2% in January-March, unchanged after a second revision, data from the Cabinet Office showed on Monday. Japan did a great job with covid. Unlike Europe which was and is the biggest incubator of covid FreeRealityWinner realDonaldTrump Wel done you!
Source: Reuters - 🏆 2. / 97 Read more »

Slower decline of Japan's July factory activity raises recovery hopes - PMIJapan's factory activity contracted at the slowest pace in five months in July, in a sign that pressures on manufacturers were easing somewhat and raising hopes that the worst impact from the coronavirus pandemic was over. What if the coronavirus keeps to surge? Great picture!
Source: Reuters - 🏆 2. / 97 Read more »

Jet fuel demand outlook sours after fleeting market optimismFor a faint moment, energy traders had an inkling that demand for jet fuel, the worst-hit product in fuel markets due to the coronavirus pandemic, might stage a bit of a rebound. It’s akin to deisel, kerosene or heating oil. everyone is camping now, sell it as camp fuel Of course demand has soured. It doesn't melt stwel beams.
Source: Reuters - 🏆 2. / 97 Read more »

Isaias downgraded to tropical storm on Florida approachIsaias weakens from a hurricane to a tropical storm, but is expected to regain hurricane strength overnight as it barrels toward Florida
Source: trtworld - 🏆 101. / 63 Read more »

The Clifton 7 Provides a Springy Ride on a Plush MidsoleTesters favored this soft, responsive shoe for base building and recovery miles. Trust they bring out a new version when I just bought the 6! 😂🙈 Just did 12 in my trusty SG’sa nice pair of the 7’s sound like heaven.....
Source: runnersworld - 🏆 19. / 71 Read more »

Record coronavirus case rises reported as U.S. faces stark death toll projectionRecord daily coronavirus case spikes have been reported in several countries after social distancing measures were eased, days after the CDC issued a stark projection that U.S. death toll could climb to 180,000 Americans by end of the month. Who would have known this could happen! Surprising to say the least... Yet TikTok is Trump's 1st priority. LMAO
Source: NBCNews - 🏆 10. / 86 Read more »