May 28, 2012

Leveling the field for renewables

The government has drawn up a design for Japan’s feed-in tariff system to promote the generation of electricity through renewable energy sources. In a nutshell, it has decided the prices at which the nation’s major power companies buy such electricity and the duration of ...

May 10, 2012

Restructuring of Tepco

Trade and industry minister Yukio Edano Wednesday approved a 10-year comprehensive business plan which Tokyo Electric Power Co. and the government-backed Nuclear Damage Liability Facilitation Fund on April 27 submitted to the government for restructuring the power company in the wake of the nuclear ...

Apr 26, 2012

Changing Tepco from the inside

The government on April 19 picked Mr. Kazuhiko Shimokobe, a bankruptcy lawyer with vast experience in corporate restructuring, as chairman of Tokyo Electric Power Co. He headed the decision-making body of the Nuclear Damage Liability Facilitation Fund, a public entity that injects funds into ...