Chubu Electric Power Group Report 2021(Integrated Report)

Initiatives Related to Overseas BusinessesIn order to ensure sustainable growth into the future, Chubu Electric Power positions overseas businesses as a growth eld and will invest a total of some 200 billion yen over the ve years from FY2019 to FY2023. We will develop our business overseas while placing a particular focus on the four businesses of power transmission, power distribution, renewable energy power generation and retail electricity (new service) and seek to acquire and expand new revenue sources. At the same time, we will contribute the deepening of ESG management by promoting a business that supports local communities as well as carbon-free business. In developing business, we will diversify our portfolio to enable optimization of risks and returns, and simultaneously, nurture globally capable human resources having business development know-how and provide them with more opportunities to take active roles. We intend to link the outcome in this area to our future growth. We will also pursue creation of synergy (creation of mutual benet) by “multiplying” our technical skills, customer base and trust relationships with customers, which have been cultivated in the domestic electricity business, strengths deriving from engaging in a broad range of businesses in the community support infrastructure eld and technology and know-how we have obtained in cutting-edge elds through overseas business development.Operation of and maintenance work for submarine power transmission businessImprovement of energy loss reduction on distribution network (augmenting the planning, designing and maintenance of facilities; and reinforcing organizational capabilities)Capacity development on the power sector master plan implementation program (reinforcing a capability to develop strategies and plans for promoting the use of renewable energy; reinforcing capabilities to operate and develop transmission systems; and reinforcing a capability to operate distribution networks)Capacity development for improving a capability to protect transmission systems (analysis of power outage causes; measures to prevent power outage; operation of equipment to protect transmission systems, etc.)Operation of and maintenance work for submarine power transmission businessAcquisition of Eneco, an integrated energy company (See the next page for details.)Active development of businessMajor overseas projects (as of July 2021)MozambiqueSri LankaUgandaGermanyU.K.NetherlandsInvestment projectsOverseas consulting projectsProviding consultation to Mozambique through an online meetingDomesticbusinessesOverseasbusinessesCreatingsynergyPowertransmissionPower distributionRenewable energy power generation• Acquiring and expanding revenue sources• Deepening ESG managementRetail electricity35Chubu Electric Power Group Report 2021Top CommitmentValue CreationStrategyBusiness ActivitiesGovernanceHuman ResourcesFinancial / Corporate DataClimate Change

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