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Tepco’s Crude Use Drops in June After Startup of Two Coal Units

Tokyo Electric Power Co. (9501), Japan’s biggest power company by generating capacity, used less crude and fuel oil in June after starting two coal-fired units.

Tepco, as the company is known, consumed 65,000 kiloliters of crude last month, down 72 percent from a year earlier, according to data released on its website today. Fuel oil consumption fell 55 percent, while the company’s use of coal more than tripled, the data shows.

Tepco reduced generation using oil, which is more expensive than other fuels, as the company’s two coal-fired units started operations, company spokesman Yusuke Kunikage said by phone today. The 1,000-megawatt, coal-fired unit at Tepco’s Hitachinaka station and the 600-megawatt coal unit at the Hirono plant began test operations in April, Kunikage said.

The following table shows Tepco’s consumption and purchases of fuel oil, crude, LNG and coal for June. For fuel oil and crude, the volume is in kiloliters, while LNG and coal are in metric tons.

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                   June 2013               Change on year
CONSUMPTION
Fuel oil             241,000                      -55.3%
Crude                 65,000                      -71.9%
LNG                1,849,000                        6.3%
Coal                 663,000                      214.2%


PURCHASE
Fuel oil             264,000                      -50.9%
Crude                 64,000                      -74.8%
LNG                1,815,000                        3.2%
Coal                 695,000                      116.5%
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To contact the reporters on this story: Tsuyoshi Inajima in Tokyo at tinajima@bloomberg.net; Yuji Okada in Tokyo at yokada6@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

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