Press Release
Filing of "FY2014 Electric Power Supply Plan"
March 25, 2014
Chubu Electric Power Co.,Inc.
This is to inform you that Chubu Electric Power has formulated a "FY2014 Electric Power Supply Plan" that was filed with the Minister of Economy, Trade and Industry today.
A power supply plan is filed by a power utility in accordance with the provisions of the Electricity Utilities Industry Law. It sets forth the plan for supplying electric power for the coming 10-year period together with plans for the installation and operation of electrical facilities during that time.
Regarding power supply and demand, we answered "undecided" in response to items concerning nuclear power station plans and supply capacity following from the previous year. We gave this response because we cannot project when we and other companies will be able to resume operations of our nuclear power stations or develop new ones.
With the aging of thermal power stations, Chubu Electric Power has decided to start procuring electricity through a bidding process from the perspective of achieving long-term supply stability and economy. The procurement scale is to be around 1 million kW, and the procurement period is to be 15 years from around FY2022.
We will start preparation work, e.g. compiling the Summary of Public Bidding, to carry out the bidding procedure by the end of FY2014.