Apr 1, 2015

Japan takes first step in power sector reform

Japan has taken the first step in its power industry shake-up with by establishing a nationwide grid management body on Wednesday, following the 2011 earthquake and tsunami that exposed the vulnerability of the nation’s power system and pushed up electricity prices. The entity, called ...

Mar 16, 2015

Tepco to promote bundled services ahead of deregulation

Tokyo Electric Power Co. plans to start a marketing campaign this autumn for joint sales of electricity and other services with partner companies. Tepco, which enjoys a monopoly in the Tokyo area for electricity sales to small-lot users, hopes to boost its competitiveness through ...

Mar 4, 2015

Competition to grow in Japan's ¥10 trillion energy markets

Competition within Japan’s ¥10 trillion electricity and gas retail markets looks certain to increase under full liberalization being pushed by the Cabinet. At a meeting Tuesday, Prime Minister Shinzo Abe’s team approved bills that would promote electricity and gas industry reforms aimed at liberalization. ...

Feb 27, 2015

Seven power suppliers to cut rates for April

Seven of the nation’s 10 major power suppliers will lower their electricity rates for April from the levels planned for March, thanks to the plunge in crude oil prices since last November, according to their latest rate plans. The seven are: Tohoku Electric Power ...

Feb 18, 2015

Britain approves world's largest offshore wind farm

Britain’s energy ministry has approved the Dogger Bank Creyke Beck offshore wind project, the world’s biggest offshore wind park, it said in a statement on Tuesday. The project, located in the North Sea, is being led by Forewind, a consortium comprising SSE, RWE, Statkraft ...

Feb 9, 2015

Tepco, Chubu Electric to merge thermal power plant operations

Tokyo Electric Power Co. and Chubu Electric Power Co. will transfer operation of their thermal power plants to a new 50-50 joint venture, creating a huge thermal power company with a dominating market share, the two utilities said on Monday. The transfer will take ...

Tepco, Chubu Electric to merge existing thermal power plants

Feb 8, 2015

Tepco, Chubu Electric to merge existing thermal power plants

Tokyo Electric Power Co. and Chubu Electric Power Co. will transfer operations of their existing thermal power plants to a new joint venture, creating a huge thermal power company with a dominating market share. Under their agreement, to be finalized Monday, their thermal power ...

Jan 16, 2015

Uphold safety in gas liberalization

While market liberalization of retail gas sales should be pursued in order to lower fees for consumers, the arguments by major gas suppliers for a safe and stable supply of city gas make sense.

Jan 14, 2015

Reactor decommissioning costs to be passed to all power users

The Ministry of Economy, Trade and Industry decided Wednesday that the cost to nuclear plant operators of decommissioning reactors should be passed on to all electricity users in principle even after the electricity market is fully opened to newcomers in 2016. The controversial scheme ...

Jan 14, 2015

¥131 billion earmarked in upcoming budget for renewable energy

The Abe administration decided Wednesday to boost efforts next year to promote renewable energy following the Fukushima nuclear crisis, after the feed-in tariff system, which guarantees above-market rates for selling energy produced from clean sources, ran into trouble only two years after its introduction. ...