Chugoku Electric Power Company

Chūgoku Denryoku K. K. (Japanese中国 电力 株式会社, Chūgoku Denryoku kabushiki - gaisha; literally: Chugoku Electric Power; short :中 电, Chuden or Energia; engl The Chugoku Electric Power Co., Inc.; short. CEPCO ) is one of the smaller Japanese energy supplier.

The service area includes the Chūgoku region with the prefectures of Tottori, Shimane, Okayama, Hiroshima and Yamaguchi.

History

Shortly before the Second World War, all power generating companies were nationalized in April 1939 and 1942 grouped into nine state-owned enterprises. At the instigation of Yasuzaemon Matsunaga, chairman of the Council on the reorganization of the electricity industry, leaving the Allies occupation authorities these nine companies privatize May 1, 1951 one of which was the Chūgoku Denryoku. This initially retained their regional monopolies and from the ineffective liberalization of the electricity market in 1995 regional quasi- monopolies.

Power generation

The nuclear power plant is part of Shimane CEPCO. The nuclear power plant is under construction and should Kaminoseki 2015 ( Block 1) and 2018 ( Unit 2 ) connected to the grid.

Shareholders

The largest shareholder is Yamaguchi Pref. Shinko Zaidan 13.34 % (March 2007). After that Nippon Life Insurance Company, come with 6.245 %, The Master Trust Bank of Japan 4.75%, Japan Trustee Services Bank with 4.44% and The Sumitomo Trust & Banking Co. 2.01 %.

Incidents

On 31 October 2006, the newspaper reported Asahi Shimbun that the CEPCO audit logs of Doyo Dam has forged. The dam impounds the river Matano. Was further announced on 15 November that large quantities of cooling water was discharged from the power plant Shimonoseki, without complying with the necessary protocols, which the company ultimately had to admit. The whole led to a scandal, as already ran tests against Denryoku Kansai, Tohoku Denryoku and Japan Atomic Power Company. The company had falsified data from the monitoring of nuclear power plants.