Tokyo Electric Power Co’s (TEPCO) use of costly crude and fuel oil tumbled last month, as it relied more on nuclear energy and burned more liquefied natural gas (LNG) and coal to meet its power generation needs.?

TEPCO, Asia’s largest utility, said on Monday its consumption of both
crude and fuel oil fell by nearly two-thirds in January from a year
earlier.? For details on consumption and purchases, see table below.?
The utilisation rate at TEPCO’s nuclear power plants averaged 62.2
percent in January, government data showed last week, over 14
percentage points higher than a year ago, as two units returned to
commercial operations at its Kashiwazaki-Kariwa nuclear plant. The No.6
reactor at the nuclear plant, the world’s largest, resumed commercial
operations in mid-January, following the No.7 reactor which resumed
commercial operations at the end of December.? A major earthquake in
northern Japan in 2007 forced TEPCO to shut the entire nuclear
complex.? The higher nuclear plant utilisation has helped TEPCO curb
thermal fuel use, leading the power firm to revise its thermal fuel
consumption plans for the current fiscal year late last month.? Japan’s
power generation likely rose 3.2 percent in January from a year
earlier, Reuters projections based on industry data showed last week,
as increased factory utilisation and colder weather pushed up demand
for power.? The Federation of Electric Power Companies of Japan is set
to release its statistics for January on Friday.

Source: Reuters

Search to find what you want

• Japan s TEPCO plans to use 57 percent more oil 2010/11

    Tokyo Electric Power Co (TEPCO plans to use 57 percent more oil in the business year starting on April 1 than in the current business year, but will cut consumption of liquefied natural gas (LNG) and coal, amid an expected pickup in power demand.? Asia’s largest utility said on Wednesday

• Merchant Marine Leans Nuclear

    Nuclear power is popular again, mainly because of the rising cost of oil and natural gas, and decades of problem free operation for hundreds of nuclear power plants (at least those not designed in the defunct Soviet Union.) Now there are serious proposals to install nuclear power plants in merchant

• Japan utilities burn oil falls in January Year / year

    Japan’s 10 utilities consumed less thermal coal, fuel oil and crude oil in January than a year earlier as the power firms used more nuclear energy to meet their power generation needs, industry data showed on Friday. The utilities burned 502,000 kilolitres of fuel oil last month compared with 703,000

• Expert predicts China s coal consumption to peak in 2030

    China will see its highest level of coal consumption in 2030 and coal will contribute 40 percent to the national primary energy consumption mix by 2050, predicted Du Xiangwan, vice president of the Chinese Academy of Engineering. Du also forecast that China’s installed capacity of nuclear power would reach 70

• Xstrata Coal agrees with Japan s higher price TEP

    Mining major Xstrata Coal has agreed to sell Australian thermal coal to major buyer Tokyo Electric Power at $103 a tonne, sources familiar with negotiations said on Tuesday. The TEPCO deal, which would take effect from July 1, marks a rise of about 30 percent from prices agreed the previous

• China Coal net loss of 200 million tonnes in May 2015 Face

    China, the world’s biggest user and producer of coal, may face a shortfall of 200 million metric tons of the fuel by 2015, according to China Oil, Gas & Petrochemicals published by the official Xinhua News Agency Coal demand may rise to a record 3.8 billion tons by 2015 as

• China: unknown fuel oil consumption tax cut next year, report

    In response to market hearsay that the consumption tax levied on fuel oil would be cut next year, the National Development and Reform Commission was cited as saying that it is researching the issue and has not concluded on a tax cut, according to C1 Energy. The market hearsay follows

• Doosan Heavy advances on UAE to speculation

    Doosan Heavy Industries & Construction Co. gained the most in a year as Hyundai Securities Co

• Japan utilities to use in February, despite falling oil Output Rise

    Total oil consumption by Japan’s main utilities dropped in February from a year ago, even as power generation jumped for the month, industry data showed on Friday. But power firms increased their use of other thermal energy sources, including coal and liquefied natural gas (LNG), along with nuclear energy, suggesting

• International Business: Alternate Energy Signs With Dalian Shipbuilding

    Alternate Energy Holdings, Inc. subsidiary AEHI China signed an agreement to work with Dalian Shipbuilding and Equipment Manufacturing company, a subsidiary of China National Nuclear Corp., to qualify and market various large-sized manufacturing components for use in the international energy industry