TEPCO plans to build one of biggest offshore wind farmsStaff Writer | January 7, 2019
Tokyo Electric Power Company Holdings, Inc. is considering a project to build one of the nation’s biggest offshore wind power plants.
Asia The wind farm’s generating capacity is expected to be over 1 million kilowatts
Renewable energy production is increasing worldwide. TEPCO plans to work its way into this trend, so it can make up for the costs of decommissioning reactors or removing remaining radioactive substances following the accident at its Fukushima No. 1 nuclear power plant.
According to the project, the electric company will join hands with a highly experienced European offshore wind power maker and spend about ¥1 trillion (about $9.2 billion) to install about 200 wind turbines offshore. It will employ fixed bottom turbines, the foundations of which are placed in the seabed. Each turbine can produce around 5,000 kilowatts and cover the annual power consumption of about 300,000 average households.
TEPCO hopes to secure stable profits by selling generated electricity through the feed-in tariff (FIT) system, a government scheme to purchase such electricity at fixed prices.
The company is scheduled to start commercially operating offshore wind power this month by generating 2,400 kilowatts off Choshi. This will be the first time for the fixed bottom type to be in operation in the country. TEPCO is also considering a nearby location for the full-fledged generator. ■