Aug 12, 2015

Power plant operators to invest ¥3 trillion on safety measures

Eleven nuclear power plant operators plan to invest a total of ¥3 trillion on a variety of safety measures, informed sources said Tuesday. The safety measures include installing breakwaters and ensuring emergency power sources are available. In addition, the companies are required to implement ...

Jul 29, 2015

Tepco's quarterly profit triples as fuel prices plunge

Tokyo Electric Power Co., operator of the wrecked Fukushima No. 1 nuclear plant, said its first-quarter operating profit tripled as a drop in fuel prices helped cut costs. Tepco, as Japan’s biggest utility is known, posted an operating profit of ¥228.3 billion ($1.85 billion) ...

Kansai Electric eyes joint procurement with four other utilities

Jul 27, 2015

Kansai Electric eyes joint procurement with four other utilities

Kansai Electric Power Co. and four other regional utilities are planning to jointly purchase equipment as part of cost-cutting efforts, industry sources said Monday. The tie-up between Kansai Electric, Chugoku Electric Power Co., Kyushu Electric Power Co., Shikoku Electric Power Co. and Hokuriku Electric ...

Jul 5, 2015

Electricity and gas liberalization

Liberalization of the electricity and gas industries could be a boon, but the government needs to keep a close watch to make sure consumers don't get burned.

Jun 1, 2015

Kansai Electric hits households with second price hike

Kansai Electric Power Co. on Monday raised prices on households again, saying higher costs for imported fossil fuels had worsened business conditions in the absence of nuclear power. The price hike is the second by the major utility since the triple meltdown at the ...

May 25, 2015

Tepco wins Qatar utility contract estimated at ¥300 billion

Tokyo Electric Power Co. has jointly won a large power and water infrastructure contract in the desert state of Qatar, it said Monday. Tepco and trading house Mitsubishi Corp. have been selected by a firm backed by the Qatari government to build and operate ...

May 21, 2015

Bill to reform gas, electricity markets passes Lower House

The House of Representatives passed a bill Thursday to require utilities to segregate their power generation and transmission operations by April 2020. The bill, which won support mainly from the ruling coalition, was sent to the House of Councilors, the upper chamber. The measure ...