The Tokyo Electric Power Company

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The Tokyo Electric Power Company, Incorporated (東京電力株式会社 Tōkyō Denryoku Kabushiki-gaisha?) (TYO: 9501 ), also known as Toden (東電 Tōden?) or TEPCO, is a company that supplies electric power to Tokyo, the surrounding Kantō region, Yamanashi Prefecture, and eastern Shizuoka Prefecture. According to Fortune magazine, it is the largest electric power company in Japan by revenue (US$50 billion in 2005).

The company generates most of its electricity at fossil fuel power plants. It also has 17 nuclear power plants and operates many of them depending on demand. In addition, it generates lesser amounts of power at hydroelectric plants and has wind power and geothermal installations on remote Hachijojima.

[edit] History

The company was established in 1951. Its predecessor, the Tokyo Electric Light Company, dates back to 1883.

In April 2003, the Japanese government ordered it to shut all of its nuclear reactors for safety checks after false safety documents were found. Shortly after the scandal was revealed, the company announced high level resignations. In consequent of the scandal, the national policy for nuclear fuel cycles was forced to slow down its progress.

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