Tokyo Elec consider spinning off fossil fuel-fired plants

Tokyo Electric Power Co., the operator of the crippled Fukushima Daiichi nuclear plant, and Japan's government are considering spinning off the utility's fossil fuel-fired power generation business.

Tokyo Electric, known as Tepco, and the government-backed Nuclear Damage Liability Facilitation Fund may also make the company's nuclear and hydro power generation, electricity transmission and power sales businesses operate independently under three in-house firms, Nikkei reports.

For more Asia power news



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...