JERA Successfully Bid to Supply Additional Power for Summer FY2022

Source: www.gulfoilandgas.com 6/20/2022, Location: Asia

JERA Co., Inc. (“JERA”) was selected as successful among power generation company bidders at the public auction, conducted by general electricity transmission and distribution companies, to supply additional power for summer FY2022.

The public auction was held to secure additional power supply capacity (kW) and electricity supply volume (kWh) as a measure to address summer supply and demand, based on discussions at the Ministry of Economy, Trade, and Industry's Electricity and Gas Basic Policy Subcommittee. The public auction offered additional power supply capacity of 1.2 GW for the kW action, and electricity supply volume of 1 TWh for the kWh auction, for the period from 1 July to 31 August this year.

JERA was selected as a successful bidder in the kW auction for the power supply capacity of Anegasaki Thermal Power Station Unit 5 and Chita Thermal Power Station Unit 5—both of which are under long-term planned shutdown. Going forward, preparations will be made to resume operation of both units.

JERA was also selected as a successful bidder in the kWh auction for approximately 80 GWh of electricity supply. JERA will strive to supply the electricity through the electricity market.

JERA continues to make every effort to secure a stable supply of energy with the understanding and cooperation of local communities and other stakeholders.


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