May 6, 2016

Never-completed TVA nuclear plant that cost $4 billion for sale

America’s largest public utility is selling a never-completed nuclear plant that has cost more than $4 billion dollars over the past four decades. The Tennessee Valley Authority board voted Thursday to declare the Bellefonte nuclear plant near Hollywood, Alabama, surplus. The site includes two ...

Trading houses eye slice of Japan's liberalized electricity market pie

Apr 27, 2016

Trading houses eye slice of Japan's liberalized electricity market pie

Major trading houses are strengthening their electricity businesses to take advantage of growing overseas demand and the liberalization of power retailing in Japan that started this month, industry officials say. Sumitomo Corp. has revised down its consolidated net profit estimate for the year that ...

Apr 21, 2016

Venezuela to ration electricity in power crisis

Recession-racked Venezuela is to ration electricity in 10 of its most populous and industrialized states, including metropolitan Caracas, the socialist government said Wednesday. It is the latest drastic measure to alleviate a severe electricity crisis that President Nicolas Maduro and his government blame on ...

Electricity market shake-up mainly benefiting Tokyo and Kansai

Apr 7, 2016

Electricity market shake-up mainly benefiting Tokyo and Kansai

Liberalization of the retail electricity market is underway, but there are concerns over whether its benefits can be shared across the country. On April 1, regional electric power companies lost the monopolies on household supply held since 1951. Gradual market liberalization started in 2000, ...

Japan's electricity shake-up gives power to the people

| Mar 31, 2016

Japan's electricity shake-up gives power to the people


Japan’s electricity market receives a fundamental shake-up on Friday, with the introduction of greater competition for households and small businesses. Until now, regional utilities have monopolized supply. There will be some unfamiliar names among the new entrants, bringing with them a wide range of ...

Mar 18, 2016

Power sales fell for 10th straight month in February

Electricity sales by the nation’s 10 major power suppliers in February dropped 1.7 percent year on year to 72,893 million kilowatt-hours, down for the 10th consecutive month, an industry group said Friday. The decrease reflects a fall in demand for electricity for heating following ...

Power plan complaints up

Mar 5, 2016

Power plan complaints up

The number of complaints and consultations over the full liberalization of Japan’s electricity retail market in April is surging, informed sources told Jiji Press on Friday. The number of reports given to the National Consumer Affairs Center of Japan about unsolicited door-to-door sales and ...

Feb 27, 2016

U.S. studying sophisticated cyberattack on Ukraine power grid

A U.S. investigation found that a December hack on the Ukrainian power grid was coordinated and highly sophisticated. The report, released Thursday, offers a detailed look at one of the first cyberattacks to succeed in taking down part of a national power grid. The ...

Feb 25, 2016

Tokyo power retailer pulls plug, owes reported ¥1 billion to Tepco

Financially struggling Japan Logitec Cooperative Association is likely cease electricity retail operations at the end of March, informed sources said Wednesday. The Tokyo-based power retailer has asked Tokyo Electric Power Co. to cancel a contract to use Tepco’s power grid, chiefly due to its ...

Global wind power capacity tops nuclear energy for first time

Feb 20, 2016

Global wind power capacity tops nuclear energy for first time

The capacity of wind power generation worldwide reached 432.42 gigawatts (GW) at the end of 2015, up 17 percent from a year earlier and surpassing nuclear energy for the first time, according to data released by global industry bodies. The generation capacity of wind ...

Jan 29, 2016

Japan power use drops to 17-year-low amid slower economic growth

Power usage in Japan dropped last year to the lowest level since 1998 as households and businesses conserved electricity amid a stagnant economy and shrinking population. The country consumed 806.03 terawatt-hours of electricity from Japan’s 10 regional power utilities, down 2.7 percent from 2014, ...