
Tokyo Electric Power Company has a significant focus on energy production, with a portfolio that includes coal, gas, oil, and nuclear power plants. The company's energy mix is designed to provide a stable and reliable supply of electricity to its customers.
The company's nuclear power plants are a key part of its energy portfolio, with a total capacity of over 11,000 megawatts. This makes nuclear power a significant contributor to the company's overall energy production.
The company's nuclear power plants are also designed to be highly efficient, with an average capacity factor of around 80%. This means that the plants are able to operate at a high level of efficiency, producing a significant amount of electricity from their nuclear reactors.
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Subsidiaries and Projects
Tokyo Electric Power Company has a strong presence in the energy industry through its subsidiaries. TEPCO Power Grid is responsible for managing the power grid around the Kantō region.
TEPCO has a diverse range of subsidiaries, each with a specific focus. TEPCO Energy Partner operates as an electricity retailer under the "TEPCO" brand throughout Japan, except in Okinawa.
The company's subsidiaries include:
- TEPCO Power Grid – Responsible for managing power grid around Kantō region and transmits and distributes electricity between electricity wholesaler and retailer.
- TEPCO Energy Partner – Electricity retailer operating under "TEPCO" brand throughout Japan, except Okinawa.
- TEPCO Fuel & Power – Operates fossil fuel power stations mainly for TEPCO Energy Partner.
- Tokyo Electric Generation Company – Generates wholesale electricity for electricity market.
- Tokyo Electric Power Services Co. Ltd (TEPSCO) – Provides consulting services for electric power industry.
Major Subsidiaries
Tokyo Electric Power Company Holdings, Inc. has a significant presence in the industry through its major subsidiaries.
TEPCO Power Grid is responsible for managing the power grid around the Kantō region and transmits and distributes electricity between electricity wholesalers and retailers.
One of the notable subsidiaries is TEPCO Energy Partner, which operates as an electricity retailer under the "TEPCO" brand throughout Japan, except in Okinawa.
Another key subsidiary is TEPCO Fuel & Power, which operates fossil fuel power stations mainly for TEPCO Energy Partner.
There are also several other subsidiaries that play important roles in the company's operations. Here are some of the major subsidiaries:
- TEPCO Power Grid
- TEPCO Energy Partner
- TEPCO Fuel & Power
- Tokyo Electric Generation Company
- Tokyo Electric Power Services Co. Ltd (TEPSCO)
Tokyo Electric Generation Company generates wholesale electricity for the electricity market, while Tokyo Electric Power Services Co. Ltd (TEPSCO) provides consulting services for the electric power industry.
Tepco's Current Projects and Energy Sources
TEPCO's profit has been steadily increasing from FY 2015 to FY 2024.
The company's generated power in FY 2024 was substantial, with various energy sources contributing to the total.
TEPCO's current projects are likely focused on maintaining and expanding their existing energy infrastructure, given their steady profit growth.
Nuclear and Energy
Tokyo Electric Power Company's (TEPCO) energy portfolio is quite diverse. TEPCO's profit has been steadily increasing from FY 2015 to FY 2024.
The company's financial performance has improved significantly over the years, with a notable increase in profit during this period. TEPCO's generated power in FY 2024 was substantial, with various energy sources contributing to the total output.
Nuclear
The Fukushima Daiichi Nuclear Power Plant, located in Fukushima, had 6 units, but 3 were damaged beyond repair, 1 with extensive damage, and 2 with little damage after the 2011 earthquake and tsunami.
The plant's generation capacity was 4,696 megawatts (MW), but it's been permanently suspended.
In contrast, the Fukushima Daini Nuclear Power Plant, also in Fukushima, had 4 units suspended, with a generation capacity of 4,400 MW, but it's idle.
The Kashiwazaki-Kariwa Nuclear Power Plant, in Niigata, had 7 suspended units, with a generation capacity of 7,965 MW, but it's also idle.
Here's a table summarizing the key facts about these three nuclear power plants:
In 2008, Tokyo Electric (TEPCO) announced a one-year delay in the start of operation for four new nuclear reactors at the Fukushima Daiichi plant, due to new earthquake resistance assessments.
However, following the 2011 nuclear crisis, these plans were cancelled.
TEPCO has also cancelled its plans to export nuclear expertise abroad, prioritizing the stabilization of the damaged reactors in Fukushima.
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EV Batteries and Charging
Electric vehicle batteries are being developed with next-gen car battery norms in mind, led by an organization affiliated with the Ministry of Economy, Trade and Industry.
The Tokyo Electric Power Company has developed a specification for high-voltage DC automotive fast charging using a JARI Level 3 DC connector.
A new charging standard is being promoted through the CHΛdeMO association, which includes Japanese automakers Mitsubishi, Nissan, and Subaru.
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Safety and Incidents
Safety incidents have been a significant concern for Tokyo Electric Power Company, or TEPCO. In 2002, the government of Japan revealed that TEPCO had been guilty of false reporting and systematic concealment of plant safety incidents.
This led to the shutdown of all seventeen of its boiling-water reactors for inspection and the resignation of several high-ranking officials, including the chairman and president. By the end of 2005, generation at suspended plants had been restarted with government approval.
However, in 2007, TEPCO announced that an internal investigation had uncovered a large number of unreported incidents, including an unexpected unit criticality in 1978.
Safety Incidents
TEPCO was guilty of false reporting in routine governmental inspections of its nuclear plants and systematic concealment of plant safety incidents in 2002.
The company admitted to submitting false technical data to authorities on over 200 occasions between 1977 and 2002.
All 17 of TEPCO's boiling-water reactors were shut down for inspection as a result of the revelations.
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In 2002, TEPCO's chairman, president, vice-president, and several advisers stepped down from their positions.
The new president of TEPCO made a public commitment to prevent fraud and restore the nation's confidence in the company.
By the end of 2005, generation at suspended plants had been restarted with government approval.
However, in 2007, TEPCO announced an internal investigation had revealed a large number of unreported incidents, including an unexpected unit criticality in 1978.
Systematic false reporting had not been uncovered during the 2002 inquiry, leading to further public criticism of the company.
Again, the company made no effort to identify those responsible for the incidents.
2008 Kashiwazaki-Kariwa Shutdown
In 2008, Tokyo Electric was forced to shut down the Kashiwazaki-Kariwa Nuclear Power Plant following the 2007 Chūetsu offshore earthquake.
The shutdown was a significant event, as it resulted in the company posting its first loss in 28 years.
To meet demand, Tokyo Electric purchased electricity from competitors, which likely affected their bottom line even further.
The company also restarted thermal power plants, leading to significant additional oil and gas consumption.
Fukushima Nuclear Disaster
In June 2012, TEPCO announced it would cancel all export of nuclear expertise abroad due to the need to focus on stabilizing the damaged reactors in Fukushima.
The company's domestic task was deemed more pressing, with Naomi Hirose, TEPCO's director, stating that "Our atomic power engineers still need to do a lot more to stabilise and decommission the reactors" at the crippled Fukushima Daiichi plant.
This decision meant the cancellation of a program to supply and run two nuclear reactors at a plant in Vietnam, which was undertaken by International Nuclear Energy Development, a public company set up by heavy machinery producers and power companies, including TEPCO.
The project aimed to promote Japanese nuclear expertise and exports, but was deemed impossible to pursue while the domestic task remained unfinished.
Operations and Maintenance
Tokyo Electric Power Company Holdings, Inc. has seen a significant increase in maintenance costs over the years, reaching a high of 1.4 trillion Japanese yen in fiscal year 2024.
The breakdown of maintenance costs in fiscal year 2024 shows that the majority of expenses were attributed to the power generation segment, with a total of 1.1 trillion Japanese yen spent on maintenance.
Here is a breakdown of TEPCO's maintenance costs in fiscal year 2024, by segment:
In addition to the high maintenance costs, TEPCO also has a significant amount of debt, with interest-bearing debt totaling 5.6 trillion Japanese yen in fiscal year 2024. The breakdown of debt by type shows that the majority of debt is in the form of long-term debt, with a total of 4.8 trillion Japanese yen.
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Electricity Production and Distribution
Tokyo Electric Power Co., Inc. (TEPCO) has a robust transmission and distribution infrastructure that's considered one of the most reliable in the world. Normally, transmission lines are strung between towers, but within the Tokyo metropolitan area, high-voltage lines are located underground.
TEPCO's transmission lines are designed to transmit electricity at high-voltage (66-500kV) between power plants and substations. From substations, electricity is transmitted via the distribution grid at low-voltage (22-66kV).
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For high-voltage supply to large buildings and factories, distribution lines are directly connected to customers' electricity systems. Customers must purchase and set up transformers and other equipment to run electric appliances.
In the event of a power outage, TEPCO's infrastructure has performed well, with a low blackout frequency and average recovery time compared to other electric companies in Japan and developed countries. However, the company did experience its first-ever rolling blackouts following the shutdown of the Fukushima I and II plants in 2011, affecting 700,000 households for three hours on March 15, 2011.
TEPCO's electricity sales volume has been steadily increasing over the years, reaching 1,044.3 TWh in fiscal year 2023. Here's a breakdown of TEPCO's electricity sales volume from fiscal year 2014 to 2023:
Maintenance and Debt
Maintenance and Debt are crucial aspects of any company's operations. TEPCO's maintenance costs have been steadily increasing over the years, from 1.4 trillion Japanese yen in FY 2015 to 1.7 trillion Japanese yen in FY 2024.
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Breaking down the maintenance costs by segment in FY 2024, we see that the majority of the expenses went towards nuclear power plants, followed by thermal power plants, and then renewable energy sources.
The total debt of TEPCO has also been rising, from 14.3 trillion Japanese yen in FY 2016 to 16.4 trillion Japanese yen in FY 2024. This includes various types of debt, such as bonds, loans, and other financial instruments.
Here's a breakdown of TEPCO's debt by type in FY 2024:
These figures highlight the importance of maintaining a stable financial position for a company like TEPCO, which operates in a highly regulated industry.
Key Information
Tokyo Electric Power Company has been working with the International Atomic Energy Agency to review safety aspects of handling ALPS treated water. This was done as part of the fourth review mission after the start of ALPS treated water discharge, which took place on September 16, 2025.
A report was released by the International Atomic Energy Agency as a result of this review mission. The report's findings are likely to be of great interest to those following the company's efforts to handle ALPS treated water.
The company has also been involved in various councils to discuss the handling of ALPS treated water. On August 26, 2025, Tokyo Electric Power Company Holdings made comments following the 8 Inter-Ministerial Council for Steady Implementation of the Basic Policy on the handling of ALPS Treated Water and the 8 Inter-Ministerial Council for Contaminated Water, Treated Water and Decommissioning Issues.
Tokyo Electric Power Company Holdings has also provided updates on the status of deliberations regarding the spent fuel receipt/removal plan for the Recyclable-Fuel Storage Company (RFS). This update was made on July 7, 2025.
Here are some key dates related to Tokyo Electric Power Company's efforts to handle ALPS treated water:
- September 16, 2025: Release of Report from the International Atomic Energy Agency's (IAEA) Review of Safety Related Aspects of Handling ALPS Treated Water
- August 26, 2025: Comments following the 8 Inter-Ministerial Council for Steady Implementation of the Basic Policy on the handling of ALPS Treated Water and the 8 Inter-Ministerial Council for Contaminated Water, Treated Water and Decommissioning Issues
- July 7, 2025: Status of Deliberations of Spent Fuel Receipt/Removal Plan for the Recyclable-Fuel Storage Company (RFS)
Frequently Asked Questions
Who owns the Tokyo Electric Power Company?
The Tokyo Electric Power Company is primarily owned by the government of Japan, with a 55.94% stake. The company is also publicly listed, allowing other investors to hold shares.
What is the largest electric company in Japan?
The largest electric utility company in Japan is Tokyo Electric Power Company (TEPCO). Headquartered in Japan, TEPCO generates a significant portion of the country's electricity from wind, solar, and hydroelectric sources.
Who provides electricity in Japan?
Japan's electricity is provided by 10 major power companies, including TEPCO, Chubu Electric, and Kansai Electric, among others. These companies operate across the country, serving various regions and millions of households.
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