Chemical News
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Japan may see rapid rise in LNG demand after quake
https://www.chemnet.com Mar 18,2011
Japan's demand for liquefied natural gas for power generating purpose is expected to ascend promptly after the shutdown of nuclear power plants caused by quake, because most LNG-fired power plants in the country were still in normal operations.
As of Mar 17, Tokyo Electric Power Company's (TEPCO) subsidiary LNG-fired power plants only closed not more than 5% of generating capacity, showed latest data released by TEPCO.
The peak load shaving LNG-fired power plants are estimated to increase generation load by as high as 10-20% in the short term, according to a Japanese energy researcher.
Japan was now negotiating with LNG suppliers on purchasing more LNG from Asia-Pacific and the Middle East, as C1 reported earlier.
TEPCO has so far shut about 37% capacity of oil-fired power plants, the company's data also indicated. With the shutdown capacity restarted, TEPCO's oil-fired power plants would consume 0.5-1-mil mt per month (equivalent to 100-200kbd) of fuel oil or crude, C1 estimated.
TEPCO shut about 72% of nuclear power capacity after quake. In general, the company had about 30% of generating capacity closed.
Because of quake, power demand from the areas depending on power from TEPCO plunged around 30% to 30,000-35,000MW, with supply gap reaching bout 1,000MW.
TEPCO has a combined 64,450MW of generating capacity, of which LNG-fired, nuclear and oil-fired units take up 35%, 27% and 22%, respectively. The capacity of pumped storage power stations and coal-fired power plants accounts for 14% and 2%, respectively.
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