Japan’s electricity demand will continue to see a slight decrease annually until 2024 as an effect of the strong conservation initiatives of the country, according to the International Energy Agency (IEA).

Japan’s electricity demand returned to the 2019 level, increasing by 1.5%. It noted, on the other hand, that despite the recovering demand in the industrial and commercial sectors, the recovery was limited because of the continuous impact of the pandemic and the over six-month long state of emergency last year.

IEA expects coal and gas-fired power generation share to decline by about 15% and 9% in the period to 2024, relative to 2021 levels as renewable generation is set to grow by 21%.

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