Details of Report to Ministry of Economy, Trade and Industry concerning Power Supply and Demand Outlook for Summer FY2012
April 23, 2012
Chubu Electric Power Co.,Inc.
In response to an order for reports from the Ministry of Economy, Trade and Industry (issued on April 20, 2012), Chubu Electric Power Co., Inc. has today reported its summer supply and demand outlook for FY2012 to the ministry.
We forecast a maximum demand (average demand for the three days of highest demand) for summer FY2012 of 25,670 MW (in August 2012). This figure assumes a 600 MW curbing in demand due to the awareness of the necessity to conserve power that took root among customers in fall and winter of the previous fiscal year (FY2011).
With regard to supply capacity, based on factors including the commencement of commercial operation of Joetsu Thermal Power Station Unit 1-1 (Output: 595 MW) in July this year, we forecast a figure of 28,110 MW (in August 2012).
In addition, based on the assumption that we will receive approval to conduct periodic inspections later than the legally prescribed period, we have rescheduled all of the periodic inspections of thermal facilities scheduled for the period of highest summer demand (August 2012), increasing our supply capacity to 28,750 MW (August 2012).
We also intend to conduct 1,000 MW power interchanges during the hours of peak demand (1:00-16:00) in response to requests from companies that forecast supply shortfalls.
As a result, our supply capacity to our supply area in summer FY2012 will be 27,750 MW (in August 2012). Considered from the perspective of the reserve margin, this level corresponds to a figure of around 8%, the target figure for stable supply.
The government will now review the national power supply and demand outlook for summer FY2012. Chubu Electric will publish its own finalized outlook as soon as possible following the completion of the government review.
Throughout summer FY2012, we will conduct detailed inspection and maintenance of our power generation, transmission and conversion facilities in order to ensure that we remain able to provide a stable supply of power to our customers.
(Note) The figures in these attachments may differ from the figures shown in the power supply and demand balance reported to the Ministry of Economy, Trade and Industry for the following reasons
- Point peak demand is used for maximum power demand; calculation of supply capacity included emergency increases in the output of thermal power stations, etc.
(Note) When a point peak demand of 26,480 MW, equivalent to the figure during the fierce heat of summer 2010 (taking energy saving measures into consideration), is used, the reserve margin becomes 5.2%.