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Latest The Tokyo Electric Power Company Stories

2008-09-03 18:00:34

Tokyo, Sept. 3 (Jiji Press)--Central Japan Railway Co. has estimated that its planned magnetic levitation, or maglev, Shinkansen line, linking Tokyo and Osaka, will not require the building of new power plants, Jiji Press learned Wednesday. The Nagoya-based railway operator, better known as JR Tokai, expects the new line to consume electricity equivalent to up to one pct of the combined output capacity of Tokyo Electric Power Co. , Chubu Electric Power Co. and Kansai Electric Power Co. ,...

2008-08-14 18:00:39

Tokyo, Aug. 14 (Jiji Press)--Tokyo Electric Power Co.'s electricity supply capacity will be tested as early as next week, when offices and factories resume work after the Bon summer holidays. The biggest Japanese power supplier, wary of possible supply shortages stemming from the suspension of an earthquake-hit nuclear power plant in northern Japan since July last year, now expects this summer's power demand in its service area, which includes Tokyo, to peak next week. To avoid the...

2008-07-30 18:00:48

Tokyo, July 30 (Jiji Press)--Japan four major gas suppliers said Wednesday they will raise monthly rates for households to record levels in October-December amid soaring natural gas and crude oil prices. According to the four firms' new rate plans, Tokyo Gas Co. will charge each standard household 5,684 yen per month during the three- month period, up 120 yen from the current level, Osaka Gas Co. 6,019 yen, up 126 yen, Toho Gas Co. 6,395 yen, up 110 yen, and Saibugas Co. 5,998 yen, up...

2008-07-29 18:00:46

By The Yomiuri Shimbun Jul. 29--TOKYO --Tokyo Electric Power Co. will raise electricity bills by about 800 yen to 7,600 yen a month for a standard household from January if crude oil prices remain at their current high levels, the company announced Monday. The fee increase is based on the assumption that the average price of imported crude oil for July to September will work out at $130 per barrel and that the exchange rate will be 105 yen against the dollar. The increase of 800...

2008-07-29 06:00:44

Tokyo Electric Power, the biggest utility in Asia, projected a record loss for this business year, hurt by soaring energy prices and the indefinite closure of a quake-hit nuclear power plant. Tepco's earnings have been hit hard since a powerful earthquake last July forced it to halt operations at its Kashiwazaki-Kariwa nuclear plant in northern Japan. The closure of the plant, which accounts for about 13 percent of Tepco's total power capability, has forced it to increase purchases of...

2008-07-28 18:00:38

Tokyo, July 28 (Jiji Press)--Tokyo Electric Power Co. said Monday that it may raise its monthly electricity rate at ordinary households by some 800 yen to 7,597 yen in January 2008 if crude oil prices continue to rise. The company reported a plan to overhaul its electricity rate structure to the Ministry of Economy, Trade and Industry, following the recent surge in fuel costs. For the period until the end of this year, it will keep rates unchanged through management efforts. Even after...

2008-07-28 18:00:38

Tokyo, July 28 (Jiji Press)--Tokyo Electric Power Co. said Monday that it projects record annual group losses for fiscal 2008 due to surges in fuel prices and costs for procuring electricity from other firms. For the year to March 2009, the power supplier now expects to report a net loss of 280 billion yen and a recurring loss of 425 billion yen. President Masataka Shimizu said at a press conference that the losses could be the largest ever since the establishment of the company. He...

2008-07-25 18:00:51

Tokyo, July 25 (Jiji Press)--Tokyo Electric Power Co. said Friday that the peak power demand in the company's service area topped 60 million kilowatts for the first time this summer the same day. The surge apparently reflected growing power consumption for air conditioning amid rising mercury. At the company, the weekday peak power demand has remained above 50 million kilowatts since July 14. On Friday, the peak demand reached 60.08 million kilowatts as of 3 p.m., according to the firm....

2008-07-03 18:00:35

Tokyo, July 3 (Jiji Press)--Tokyo Electric Power Co. said Thursday it has secured enough electricity for up to 66.7 million kilowatts for the three months starting this month. The company increased its supply capacity by boosting output at its power plants and purchasing privately generated electricity, it said. As a result, the company is expected to have a reserve capacity to supply 5.6 million kilowatts more than its estimate for demand of 61.1 million kilowatts during the high season...

2008-06-27 18:02:40

Tokyo, June 27 (Jiji Press)--Four Japanese power suppliers on Friday unveiled plans to overhaul their rate structures as early as September, a move that could lead to steep rate hikes in January. Kansai Electric Power Co. , Chugoku Electric Power Co. , Shikoku Electric Power Co. and Hokkaido Electric Power Co. joined industry leader Tokyo Electric Power Co. , which on Thursday announced plans for a similar overhaul. Tohoku Electric Power Co. and Kyushu Electric Power Co. plan to make...


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