nuclear-news

TEPCO to Decide on Price Hike Based on Resumption of Nuclear Power Plant Operations, Kashiwazaki-Kariwa Unit 7, for Businesses from FY2023

September 16, 2022
　On September 16, Tomoaki Kobayakawa, president of TEPCO Holdings, announced that the company is considering raising electricity rates for businesses on the assumption that the Kashiwazaki-Kariwa Unit 7 nuclear power plant (in Niigata Prefecture) will be restarted in fiscal 2023. President Tomoaki Kobayakawa of TEPCO Holdings announced on September 16 that the company plans to calculate the range of the price increase based on the assumption that the Kashiwazaki-Kariwa Unit 7 nuclear power plant (Niigata Prefecture) will be restarted in 2023. The company aims to reduce the burden on contracted companies by about 200 billion yen. He also explained, “We aim to resume operations as soon as possible, but we have no concrete timetable for this.
　The target is the “high-voltage” and “special high-voltage” rate plans used by commercial facilities and factories, with approximately 170,000 contracts. The company plans to raise the rates so that the market price of electricity can be reflected in the rates. At the same time, a system will be introduced to calculate the cost of nuclear power plants, which have lower generation costs, on the assumption that they will operate for nine months a year, thereby curbing the size of the price increase.
　At the press conference, President Kobayakawa explained, “We are not specifying the timing of the restart. Even if we are not able to restart operations, we will curb the price increase. Although this will cause TEPCO’s bottom line to deteriorate, he said, “We will make efforts to reduce (costs). (Kyodo)
https://www.tokyo-np.co.jp/article/202684?rct=economics&fbclid=IwAR17rA9cf0QQpGSjwSqXtnT9tdA5N8yYfWXgZBY6x25EXh-jxN9GLE8Lva8

September 26, 2022 - Posted by dunrenard | Japan | Kashiwazaki-Kariwa NPP, Tepco