According to GlobalData, thermal power accounted for 52% of Japan’s total installed power generation capacity and 69% of total power generation in 2021. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Japan Thermal power Analysis: Market Outlook to 2035 report. Buy the report here.
Installed capacity is forecast to decrease from 2022 to 2035, at which point thermal power is expected to account for 37% of total installed generation capacity. Coal capacity rose during 2010 to 2021 at a CAGR of 0.75%. However, the country plans to decommission coal power projects, which will result in a decline in its cumulative installed capacity by 2035.
For more detailed analysis of the thermal power sector in Japan, buy the report here.
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