Corporations are leaving Tepco for the increasing electricity price
Corporations to buy electricity from Tepco are starting to leave Tepco since they announced to raise the fee.
SMBC Nikko securities estimate the raised electricity cost will decrease ordinary profit about by 1.5% of all the companies in Japanese stock market.
More companies are starting to buy electricity from Power Producer and Supplier (PPS), who are new entries to the power industry.
Since 2000, Tepco has already lost its share of 4.1 million kW for PPS companies. It will be accelerated.
Kose, a cosmetic company has decided to invest a few hundred million yen into off-grid power system of their major factory in Gunma so they can cover around the half of the electricity consumption when it’s the maximum. They estimate still it would be cheaper than buying electricity from Tepco.
This website updates the latest news about the Fukushima nuclear plant and also archives the past news from 2011. Because it's always updated and added live, articles, categories and the tags are not necessarily fitted in the latest format.
I am the writer of this website. About page remains in 2014. This is because my memory about 311 was clearer than now, 2023, and I think it can have a historical value. Now I'm living in Romania with 3 cats as an independent data scientist.
Actually, nothing has progressed in the plant since 2011. We still don't even know what is going on inside. They must keep cooling the crippled reactors by water, but additionally groundwater keeps flowing into the reactor buildings from the broken parts. This is why highly contaminated water is always produced more than it can circulate. Tepco is planning to officially discharge this water to the Pacific but Tritium is still remaining in it. They dilute this with seawater so that it is legally safe, but scientifically the same amount of radioactive tritium is contained. They say it is safe to discharge, but none of them have drunk it.