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21-463: Plans to build a power station in Taketoyo were drawn up in the late 1950s by Chubu Electric to meet base load demand, and a site was selected on reclaimed land on the west coast of Kinuura Bay (and inlet of Mikawa Bay ), approximately 40 kilometers south of the city of Nagoya . Unit 1, with a 220 MW steam turbine , went on line in 1966. The remaining three units came on line in 1972, and served to power

42-470: A group of young managers within Tokyo Electric, who sought to separate the thermal power generation portion of the company from the nuclear sector (together with the legal and fiscal responsibility for the accident) to ensure Tokyo Electric's survival. The idea was vehemently opposed by Tokyo Electric's chairman; however, by 2012 Tokyo Electric was facing imminent bankruptcy over damage compensation claim and

63-555: A mayor in Shizuoka Prefecture and a group of residents filed a lawsuit seeking the permanent decommissioning of the reactors at the power plant . 18–20 m breakwater walls were constructed around the nuclear power plant between 2011 and 2013. In January 2024, Chubu Electric president Kingo Hayashi told a news conference that the firm was keen on restarting the Unit No. 4 subject to the completion of environment and safety reviews by

84-587: A new 650,000 kW coal-fired power generation facility on the premises of TEPCO's Hitachi Naka Thermal Power Station , with power generated by this plant to be sold by Tokyo Electric on its behalf. This led to further discussions in September 2014 for a comprehensive alliance on thermal power generation, and JERA was launched in April 2015. In November 2024, JERA announced its plan to restart coal and biomass co-firing at its Taketoyo thermal power station in central Japan around

105-636: A part of the transaction while JERA took full control of the Amstuw BV, the operator of the Rietlanden coal terminal in the Netherlands and EDF Trading Australia. In 2015, Chubu Electric and Tokyo Electric Power Company (TEPCO) created a 50:50 joint venture JERA to handle the upstream energy and Liquefied natural gas (LNG) fuel procurement for both companies. In March 2017, the two companies signed an agreement to integrate their fossil fuel power plants under

126-636: A strategic alliance. Meanwhile, Nagoya -based Chubu Electric was eager to expand into the Kanto region and had been receiving many enquiries from Kanto-based users unhappy with Tokyo Electric's increasing rates. However, efforts to enter the Kanto region and to compete against Tokyo Electric were hampered by the Japanese government's unwritten regulations creating regional electric generation monopolies. Chubu Electric initially attempted to circumvent these regulations by building

147-472: A total capacity of 32,828 MW. The company has 183 separate hydro generating stations with a total capacity of 5,219 MW. The company has 11 separate thermal power stations with a total capacity of 23,969 MW. On 6 May 2011, Prime Minister Naoto Kan requested the Hamaoka Nuclear Power Plant be shut down as an earthquake of magnitude 8.0 or higher is estimated 87% likely to hit the area within

168-465: A total output of approximately 67 million kW (including capacity under construction), which made it Japan's largest power generation company. The electricity generated is wholesaled to retail electric utilities such as TEPCO Energy Partner and Chubu Electric Power, and is not supplied directly to consumers. The concept of JERA was floated immediately after the Fukushima Daiichi nuclear disaster by

189-526: Is a Japanese electric utilities provider for the middle Chūbu region of the Honshu island of Japan. It provides electricity at 60 Hz, though an area of Nagano Prefecture uses 50 Hz. Chubu Electric Power ranks third among Japan's largest electric utilities in terms of power generation capacity, electric energy sold, and annual revenue. It is also one of Nagoya 's "four influential companies" along with Meitetsu , Matsuzakaya , and Toho Gas . Recently,

210-483: The Nuclear Regulation Authority (NRA). In 2012, Chubu Electric proposed to build dry storage facilities to accommodate the spent fuel that has accumulated in the storage pools that were to be decommissioned. In August 2021, Chubu Electric reported that fire alarms had been triggered at the suspended Unit No. 5. There were no reported injuries or radiation leak and the company's statement reported that

231-669: The JERA joint venture. The Fair Trade Commission (FTC) approved the integration plan in 13 October 2017. In August 2013, Chubu announced it would acquire an 80% stake in the Tokyo -based electricity supplier, Diamond Corp, marking the firm's entry into a market usually associated with Tokyo Electric Power Company (TEPCO) . In November 2019, a consortium of Mitsubishi (80%) and Chubu Electric (20%) bought Dutch utility company Eneco for €4.1bn ($ 4.5bn). In February 2024, Chubu Electric and Eneco signed an agreement to acquire 30 per cent of Ecowende,

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252-607: The cities of Aichi Prefecture . Plans were made to close the facility by the mid-2000s due to rising fuel and maintenance costs. Unit 1 was decommissioned in March 2002, and plans were considered to either close Unit 2, or to convert it from oil to coal . However, with the indefinite shutdown of the Hamaoka Nuclear Power Plant in May 2011 due to the 2011 Tōhoku earthquake and tsunami and Fukushima Daiichi nuclear disaster , Unit 2

273-482: The company has also expanded into the business of optical fibers. On January 1, 2006, a new company, Chubu Telecommunications, was formed. In 2008, Chubu Electric formed a joint joint venture with French utility company EDF to purchase coal. In 2016, Chubu Electric acquired EDF Trading’s coal and freight business and passed it onto its subsidiary JERA . EDF Trading acquired a 33 per cent stake in JERA Trading as

294-500: The costs of decommissioning the Fukushima nuclear plants, as well as high costs for fossil fuel to make up the power generation shortfall from its 17 idled nuclear reactors. In addition, many of its thermal power plants were obsolete, and with Tokyo Electric's plummeting credit rating, it was deemed unlikely and the necessary funding could be secured for revamping or construction. From March 2014, Tokyo Electric began to solicit partners for

315-945: The developers of the Hollandse Kust West Offshore Wind Farm . In April 2020, the logo mark was renewed. The renewed logo is named "The Beam." On 18 September 2022, Chubu Electric Power announced that it was a part of an investor consortium led by Japan Industrial Partners seeking to buy Toshiba . Chubu Electric contributed ¥100 billion out of the ¥2 trillion (USD 15.2 billion) valuation. In May 2022, Chubu Electric bought some stake in Indian solar energy company OMC Power . And in November 2024, Chubu Electric expanded its investment in OMC Power to boost energy transition in India. The company has 197 separate generating units with

336-525: The facility produces 7.5 MW of power, and came on line on October 31, 2011. This was dismantled in October 2015 to make way for the construction of coal/biomass-fired Unit 5 and was relocated to Kawagoe Power Station in Mie Prefecture . In January 2024, a fire broke out at Taketoyo power station following an explosion. The fire occurred in a temporary storage area for the biomass fuel. As of September 2024,

357-686: The impact to global warming led to public opposition. Therefore, Chubu Electric decided to use wood biomass fuel (wood pellets) together with coal to reduce the environmental impact. In April 2019, all thermal power plant operations of Chubu Electric Power were transferred to JERA, a joint venture between Chubu Electric and TEPCO Fuel & Power, Inc, a subsidiary of Tokyo Electric Power Company . Unit 5 started construction on April 18, 2018 and came online on August 5, 2022. Taketoyo Thermal Power Station also had an experimental commercial solar power facility, called "Mega-Solar". Consisting of 36,918 solar panels covering an area of 120,000 square meters,

378-400: The local fire service confirmed that there was no fire. JERA JERA ( Japanese : 株式会社JERA ) is a 50-50 joint venture between TEPCO Fuel & Power, a wholly owned subsidiary of Tokyo Electric Power Company , and Chubu Electric Power , founded in April 2015. The company assumed ownership and operation of all of Tokyo Electric and Chubu Electric thermal power stations , giving it

399-509: The next 30 years. Kan wanted to avoid a possible repeat of the Fukushima I nuclear accidents . On 9 May 2011, Chubu Electric decided to comply with the government request. In June, Chubu Electric received a ¥100 billion ($ 1.24 billion) loan from the Development Bank of Japan to finance natural gas purchases to make up the shortfall in power caused by the shutdown of Hamaoka. In July 2011,

420-614: The power station remained offline. After a JERA investigation, it was revealed that the fire had lasted over five hours, with an explosion causing significant damage to part of the boiler building. The investigation highlighted a series of design flaws that led to the explosion in the biomass wood pellet conveyor system. JERA estimated the cost of the fire for the 2024–2025 financial year to exceed US$ 68.5 million. Repairs have not yet begun. Chubu Electric Chubu Electric Power Co., Inc. ( Japanese : 中部電力株式会社 , Chūbu Denryoku Kabushiki Kaisha ) , abbreviated as Chuden in Japanese,

441-421: Was restarted on July 31, 2011. On February 6, 2015, a replacement plan was announced to abolish the old oil-fired power generation facilities and to install high-efficiency coal-fired units instead. Units 2-4 were decommissioned on March 31, 2016. However, since carbon dioxide emissions are significantly higher for coal than for LNG combined cycle power generation , concerns about adverse environmental effects and

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