Key Market Indicators
Japanese electricity generation is projected to decline slightly, reaching approximately 1,020 terawatt-hours (TWh) by 2028. This marks a decrease from the estimated 1,030 TWh in 2023, reflecting an average annual decline of 0.1%. Historical data shows that Japan's electricity supply has been on a downward trend, decreasing by an average of 0.5% per year since 1990. In 2023, Japan ranked fifth globally in electricity generation. Russia surpassed Japan this year, generating around 1,030 TWh. The United States, India, and Russia occupied the second, third, and fourth positions, respectively, in the global ranking of electricity generation.
