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Asia Pacific

Power & Renewables analysis & forecasts March 2019

Weak Japanese power demand was seen at the end of last year, with total consumption falling by 3% on an annual basis in Q4, to 218 TWh. This weighed on growth for the year, with total power demand in 2018 amounting to around 906 TWh, an increase of just 1% compared with 2017. Limited economic growth, which is forecast for this year, will restrict potential gains in power demand.

Increased nuclear generation in Japan will limit requirements for output from other sources over the coming months....