Key Market Indicators
Japan's nuclear power consumption is projected to decline slightly over the next five years. According to recent estimates, consumption will drop from approximately 0.47 exajoules in 2023 to around 0.46 exajoules by 2028. This represents an average annual decrease of 0.1%. Historically, Japan's nuclear power demand had been on an upward trajectory, increasing by an average of 0.7% each year since 1971. However, recent trends indicate a shift in this pattern. In terms of nuclear power generation, the outlook is more dramatic. Japan's nuclear generation is expected to plummet from about 29,600 gigawatt-hours in 2023 to just 382 gigawatt-hours by 2028. This would mark an average annual decline of 56.1%. Since 1979, the nation's nuclear supply has experienced a significant downturn, decreasing by an average of 13.3% per year. These figures highlight the ongoing challenges and changes within Japan's nuclear energy sector.
