Salem Radio Network News Thursday, August 18, 2022

World

Japan braces for power crunch as heat rises with end of rains

By Yuka Obayashi and Elaine Lies

TOKYO (Reuters) – Japan scrambled on Monday to avert a looming power crunch as temperatures climbed nationwide, with authorities warning of higher than expected demand after the rainy season ended in the capital, Tokyo, at its earliest since record-keeping began.

Less than two weeks ahead of an election for the upper house of parliament, surging electrical prices are making life tougher for Japanese customers, following higher fuel costs brought by Russia’s invasion of Ukraine.

A power shortage could batter the fortunes of the ruling Liberal Democratic Party (LDP), already under fire for its handling of higher consumer prices.

“Electricity demand has been staying above yesterday’s forecast since this morning, amid unseasonably intense heat,” an official of the Ministry of Economy, Trade and Industry told a news conference, adding that demand had outstripped predictions.

By 1 p.m., temperatures in downtown Tokyo stood at 34.7 C (94.46 F), while in Sano, slightly to the north, they were at 38.6 C (101.48°F).

Graphic: Japan recorded & forecasted temperatures – https://fingfx.thomsonreuters.com/gfx/ce/gdvzygbyxpw/JapanTemptsJune272022.png

Ministry officials had warned reserve generating capacity would drop as low as 3.7%, close to a minimum of 3% that ensures stable supply, from 4:30 p.m. to 5 p.m. (0730 GMT to 0800 GMT) on Monday in Tokyo and eight surrounding prefectures. Below 3% risks power shortages and blackouts.

“The supply-demand outlook, based on the latest weather forecast and other factors, is still expected to remain below the 5% reserve ratio during some evening hours,” the official added.

Graphic: Japan power consumption jumps as heatwave boosts aircon demand – https://fingfx.thomsonreuters.com/gfx/ce/jnvweobeqvw/JapanPowerUseJune272022.png

If temperatures rose further and demand increased, or power supply was suddenly disrupted, the ratio could fall below the 3% minimum, he said.

“We encourage people to cut back on energy use to a reasonable degree,” deputy chief cabinet secretary Yoshihiko Isozaki told a news conference.

He advised turning off lights not in use, limiting use of air conditioners and guarding against the risk of heat stroke.

Weather officials said the end of the annual rainy season across much of Japan, including the Tokyo metropolitan area, had come at its earliest since the data began to be kept in 1951.

Summer heat starts with the end of Japan’s rainy season. In 2018, the June 29 end of the season brought an extremely hot summer with several heat waves that put thousands in hospital.

Though expected to do well in the election, Prime Minister Fumio Kishida’s ruling LDP faces headwinds from rising prices, worsened by a weak yen currency.

Support for his government, while still strong, has been edging lower in opinion polls, with a majority of voters unhappy about its efforts to rein in prices.

Graphic: 10-year chart of key Japan power prices – https://fingfx.thomsonreuters.com/gfx/ce/byvrjaellve/10YearJapanPowerPrices.png

Since spring, utilities and the government have taken steps to avert a power crunch during the peak season of summer demand.

They have urged families and businesses to conserve energy between July 1 and Sept. 30, while rebooting ageing gas-fired power plants and altering maintenance plans for nuclear reactors.

(Additional reporting by Sakura Murakami; Writing by Elaine Lies; Editing by Gerry Doyle and Clarence Fernandez)

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