The Tokyo Electric Power Company, Incorporated (東京電力株式会社 ,Tōkyō Denryoku Kabushiki-kaisha, TYO: 9501), also known as Toden (東電 ,Tōden) or TEPCO, is an electric utility servicing Japan's Kantō region, Yamanashi Prefecture, and the eastern portion of Shizuoka Prefecture. This area includes Tokyo. Its headquarters are located in Chiyoda, Tokyo and international branch offices exist in Washington, D.C. and London.
In 2007, Tokyo Electric, forced to shut the Kashiwazaki-Kariwa Nuclear Power Plant after Niigata-Chuetsu-Oki Earthquake, posted its first loss in 28 years.
TEPCO is the largest electric utility in Japan and the third largest electric utility in the world after Électricité de France and Germany's E.ON
The company's power generation consists of two main networks. Fossil fuel power plants around Tokyo Bay are used for peak load supply and nuclear reactors in Fukushima and Niigata Prefecture provide base load supply. Additionally, hydroelectric plants in the mountainous areas outside the Kanto Plain, despite their relatively small capacity compared to fossil fuel and nuclear generation, remain important in providing peak load supply. The company also purchases electricity from
TOKYO (AP) — Stigma, pay cuts, and risk of radiation exposure are among the reasons why 3,000 employees have left the utility at the center of Japan's 2011 nuclear disaster. Now there's an additional factor: better paying jobs ...
Tokyo Electric Power Co. shot down a bevy of anti-nuclear policy proposals lobbed up by irate shareholders at its annual meeting Thursday in Tokyo and vowed instead to restart its idled reactors.
Some 2,150 shareholders attended the meeting in ...