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Latest The Tokyo Electric Power Company Stories

2008-06-26 18:02:53

Tokyo, June 26 (Jiji Press)--Tokyo Electric Power Co. needs to raise electricity charges at an early date to cope with falling earnings caused by soaring oil prices, the company's new president said in a recent interview. Masataka Shimizu, who took over on Thursday, said surging fuel costs have had a considerable impact on the company's earnings. Considering the rapid pace of oil price increases, it is very important to respond at an early date, he said. Shimizu said higher power bills...

2008-06-26 18:02:53

Tokyo, June 26 (Jiji Press)--Tokyo Electric Power Co. is mulling overhauling its electricity rate structure to adequately reflect surging fuel costs traced to higher crude oil prices, a move that may lead to a steep rate hike from October, informed sources said Thursday. Japanese power suppliers set their electricity rates based on two calculation formats--one that is designed to automatically reflect fuel price fluctuations every three months and the other that fully incorporates various...

2008-06-26 18:02:53

Tokyo, June 26 (Jiji Press)--Tokyo Electric Power Co. said Thursday the company will overhaul its electricity rate structure in the autumn to adequately reflect surging fuel costs stemming from higher crude oil prices, a move expected to lead to a steep rate hike in January. The company will report the revised rate-setting guidelines to the government in July and use them when it revises rates in January next year. For the period until the end of this year, the company will consider...

2006-08-14 04:15:00

By Teruaki Ueno, TOKYO -- A rare power outage caused by an industrial accident plunged much of Tokyo into chaos for about three hours on Monday, disrupting financial trade, trapping people in elevators and paralyzing transport systems. The outage, caused by a construction crane on a boat hitting power lines, started around 7:40 a.m. (2240 GMT on Sunday) as offices were opening and commuters were heading for work. Power supplies were fully restored about three hours later, and most rail...

2005-10-25 08:25:12

NEW YORK (Reuters) - Florida Power & Light Co. restored power to more than 251,000 customers out of the 3.2 million left without electricity by Hurricane Wilma on October 24, the company said in a release Tuesday. FP&L, a subsidiary of Juno Beach, Florida-based FPL Group Inc., warned it could take weeks to restore power to all 2.9 million customers but many will have power before then. A company spokeswoman said it was still too early to estimate the cost of the damage and...

2005-10-21 03:01:16

TOKYO (Reuters) - Japan made some progress in cutting greenhouse gases last fiscal year mainly due to increased use of nuclear power, but the country fell well short of its target for reducing carbon dioxide (CO2) emissions, the government said. Japan's Environment Ministry said in a preliminary report on Friday that the country emitted 1.329 billion tonnes of gases blamed for global warming in the fiscal year to March 31, 2005, down 0.8 percent from the previous year. However, the...


Word of the Day
holluschickie
  • A 'bachelor seal'; a young male seal which is prevented from mating by its herd's older males (mated bulls defending their territory).
This comes from the Russian word for 'bachelors.'
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