If anything happens in these regions, a stable supply of energy for Japan will be jeopardized. In order to secure a stable supply in such an emergency, Japan holds oil stocks equivalent to approximately 230 days of its domestic demand and diversifies the regions it imports from.
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Energy storage serves important grid functions, including time-shifting energy across hours, days, weeks, or months; regulating grid frequency; and ensuring flexibility to balance supply and demand. Energy storage is particularly important in an increasingly electrified world where demand is rising and supply is shifting toward variable .
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