Tokyo area enters power-saving period amid tight supply forecast

Households and businesses in the Tokyo area on Saturday began a period of power conservation, spanning from July to August, as the electricity supply is forecast to become tight in the area this summer. The Japanese government has issued a request based on the projection that the reserve power capacity rate in the region served by Tokyo Electric Power Company Holdings Inc. in July could drop to 3.1 percent, slightly above the lowest level for maintaining a stable supply, if a once-in-a-decade level of extreme heat grips the area. Since electricity demand could swing about 3 percent from the an...