Final energy consumption decrease again 一 2.3% decrease in commercial sector, 1.2% decrease in transportation sector
METI(Ministry of Economy, Trade, and Industry) and ANRE (Agency for Natural Resources and Energy) announced the energy supply and demand (preliminary report) in FY2018 on 15th of November.
The final energy consumption decreased by 2.9% YoY and it turned downward again since the previous year when it started increasing for the first time after the Great East Japan Earthquake. Domestic primary energy supply fell down by 1.9% YoY. While fossil fuels have decreased for the fifth consecutive year, non-fossil fuels such as renewable energy and nuclear power have increased for the sixth consecutive year.
Regarding final energy consumption by sector, 2.3% decrease in commercial sector, 1.2% in transportation sector, and 7.8% in residential sector and decreased in all major sectors.
In particular, the residential sector has declined sharply from the previous year due to the warm winter. Decrease in steel and ethylene production and the progress of energy conservation affected on declining of final energy consumption while economic activity expanded moderately in commercial sector.
The energy self-sufficiency ratio (IEA base) increased by 2.3 points to 11.8%, increasing for four consecutive years since FY2014. Oil dependence decreased by 1.4 points to 37.6%, and fossil energy dependence also decreased by 2.0 points to 85.5%.