Utilities buying new gas turbines to cut fuel bills

Business / Corporate Sep 4, 2015

Utilities buying new gas turbines to cut fuel bills

The nation's biggest power utilities are pushing ahead with plans to spend more on new turbines to improve the efficiency of their gas-fired power plants in an effort to lower fuel bills amid a protracted debate over the role of nuclear power. Chubu Electric Power ...

Hokkaido Electric wins government OK to raise rates

Business / Corporate Oct 14, 2014

Hokkaido Electric wins government OK to raise rates

The government on Tuesday approved Hokkaido Electric Power Co.'s plan to raise household electricity bills by 15.3 percent on average, with the surge in fossil fuel costs weighing on the utility's business in the absence of nuclear power generation following the 2011 Fukushima crisis. Hokkaido ...

Business / Corporate Sep 27, 2014

Chugoku Electric mulls selling power outside service area

Chugoku Electric Power Co. is considering selling electricity outside its service area like other utilities as Japan moves to fully liberalize its power market around April 2016, company sources said Saturday. After meeting demand within its service area, the Hiroshima-based company is expected to sell ...

Business / Economy Jun 11, 2014

Households free to choose power supplier

The Diet on Wednesday enacted legislation to end the grip regional monopolies have held for 60 years on the household electricity market by opening it up to greater competition. The move is expected to revolutionize the ¥7.5 trillion market for households and other small consumers ...

National May 14, 2014

NRA blames plant operators for prolonged reactor safety checks

The head of the Nuclear Regulation Authority said Wednesday that nuclear power plant operators, rather than regulators, are the ones to blame for the prolonged safety review of reactors that started last July. "We are working hard so that the assessment process will be carried ...

Business / Corporate Jan 31, 2014

Utilities lobbying LDP to support new nuclear plants

The Federation of Electric Power Companies of Japan is lobbying politicians in the ruling Liberal Democratic Party to support the construction of new nuclear power plants, sources said Friday. The federation's lobbying comes as the ruling party works on drafting a new national energy plan. ...