Short-Term Energy Supply/Demand Outlook: Forecast through FY2010 and Analysis on Effects of Crude Oil Price,Economic Growth and Ambient Temperature Changes

摘要

The world economy plunged into a recession on the so-called "Lehman Shock" in September 2008. But it passed the worst phase from the spring to summer in 2009. Recovery has been seen in many countries. Particularly, the Asian region including China has achieved remarkable recovery. The Japanese economy apparently hit a trough in the January-March 2009 quarter. Backed by growing exports to the Asian region, Japan's manufacturers have been recovering. But domestic demand, though supported by the so-called Eco-Point system, tax breaks, subsidies and other consumption stimuli, has stagnated on worsening employment and income conditions. Generally, Japan has remained under a deflationary economy. Energy demand declined substantially before a recent sign of a lull in the decline amid the production recovery. Meanwhile, Japan saw a historical government change in September 2009. Economic, energy and environmental policy directions are changing dramatically.