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Most measures require advanced planning. Japan’s ministry of economy, trade, and industry (meti) is planning to revise its hydrogen plan set in 2017. The international energy agency (iea) regularly.
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Rationing should be last resort. As of late 2022, japan held sufficient strategic stocks and commercial inventories of crude oil and petroleum products to meet 217 days of its net imports, far exceeding the. “pull” measures generally preferable to “push”.
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But, as japan has abundant amounts of emergency.
Iea demand restraint measures article — 18 march 2022 the iea’s emergency responses are not limited to releasing oil stocks, but can also include measures to reduce oil consumption. Demand restraint is considered as a secondary emergency response measure that could complement an oil stock release in japan. To some, this trajectory may be a harbinger of events to come in broader. In addition to the stockpiling and emergency response measures detailed above, japan also has legislative measures in place to comply with the demand restraint component of its iea.
Oil price signals can help consumers respond to disruption. The revised plan calls for hydrogen production to reach 12 million. In this report, the iea provides energy policy recommendations to help japan smoothly manage the transformation of its energy sector.
