The supply and demand for electric power in fiscal 1986 fell below the level for the preceding year for the first time in the past six years. This was mainly due to the considerable drop in the demand by the large consumers of electric power, the stagnation of mining and manufacturing activity because of the higher value of the yen, and the increasing rate of operation of independent electric power plants. However, the long-term view is that the electric power demand and supply will increase steadily with stable economic growth for the domestic demand in the main. In the future, thermal power from petroleum will decrease, while that for nuclear power will greatly increase.
Petroleum fuels such as heavy fuel oils and crude oil are still used for the thermal power generation now, but the supply situation for petroleum is quite unstable. LNG is beset by the take or pay clause, while coal has the difficulties of handling for transportation, storage and con-sumption comparing with oil. The composition of power supply is being adjusted, taking these problems into account.
As almost all of these fuels are procured abroad, it is important for the future procure-ment of fuel to have both stability and economy of supply, amidst the complicated diplomatic and political situations that exist with the supply countries. This will require that more effort be made to train staffs in charge of fuel having the ability to grasp the international situation ac-curately and speedily.
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