Electric Power Development Company
Encyclopedia
The , operating under the brand name J-POWER, formerly , is the largest electric utility
in Japan
. It mainly produces Electricity from Coal and Hydroelectric Power Stations. It also has a few wind farms and is currently building a nuclear plant in Ohma
, Aomori prefecture, that is scheduled to begin operations in November 2014. J-Power is the sole operator of the transmission lines connecting the four main islands of Japan.
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After World War II
, as a part of many changes implemented, the Supreme Commander of the Allied Powers
ordered the dismantling of , which at the time provided electricity to all of Japan with a semi-governmental status. This was broken up into a number of utilities, which have become Japan's modern electric utility companies. However, in the battered state of post-war Japan, there were few investors out there to put money in these new companies, and certainly not enough to allow for sufficient R&D of power sources that Japan needed to keep up with the demand of power, thus it was decided that the occupied government would specially create an electric company with such capabilities. On September 19, 1952 the Electric Power Development Company (EDPC) was established as a government agency.
In 1997, Japanese government announced privatization of EDPC, and in 2004, it went public and was listed the Tokyo Stock Exchange
.
Electric utility
An electric utility is a company that engages in the generation, transmission, and distribution of electricity for sale generally in a regulated market. The electrical utility industry is a major provider of energy in most countries. It is indispensable to factories, commercial establishments,...
in Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
. It mainly produces Electricity from Coal and Hydroelectric Power Stations. It also has a few wind farms and is currently building a nuclear plant in Ohma
Oma Nuclear Power Plant
The is a future nuclear plant in Ōma, Aomori currently undergoing preliminary ground work that will be operated by the Electric Power Development Company...
, Aomori prefecture, that is scheduled to begin operations in November 2014. J-Power is the sole operator of the transmission lines connecting the four main islands of Japan.
History
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
, as a part of many changes implemented, the Supreme Commander of the Allied Powers
Supreme Commander of the Allied Powers
Supreme Commander of the Allied Powers was the title held by General Douglas MacArthur during the Occupation of Japan following World War II...
ordered the dismantling of , which at the time provided electricity to all of Japan with a semi-governmental status. This was broken up into a number of utilities, which have become Japan's modern electric utility companies. However, in the battered state of post-war Japan, there were few investors out there to put money in these new companies, and certainly not enough to allow for sufficient R&D of power sources that Japan needed to keep up with the demand of power, thus it was decided that the occupied government would specially create an electric company with such capabilities. On September 19, 1952 the Electric Power Development Company (EDPC) was established as a government agency.
In 1997, Japanese government announced privatization of EDPC, and in 2004, it went public and was listed the Tokyo Stock Exchange
Tokyo Stock Exchange
The , called or TSE for short, is located in Tokyo, Japan and is the third largest stock exchange in the world by aggregate market capitalization of its listed companies...
.
External links
- J POWER, official website