Tokyo Electric to Start Decommissioned Thermal Plants to Meet Peak Demand

(Bloomberg) -- Tokyo Electric Power Co., Asia's
biggest electricity producer, plans to restart two previously
decommissioned thermal plants next month to ensure supply during
the peak summer demand season.

The utility is preparing to revive the units to make up for
an expected decline in operations at its hydroelectric and
nuclear plants, spokesman Manabu Takeyama said by phone today in
Tokyo. The Jyoban No. 6 fuel oil-fired unit is scheduled to
resume generation in early July and the Gomi No. 2 gas-fired
plant by the middle of the month, he said.


Read more at Bloomberg Energy News

Japan Shares Fall, Led by Tokyo Electric, Exporters on Higher Bond Yields

(Bloomberg) -- Japanese stocks fell, paced by
utility producers and railway companies, as rising bond yields
reduced the appeal of their dividend payouts.

Tokyo Electric Power Co., Japan's biggest utility company,
declined 1.3 percent. Utility, railway and information companies
climbed toward the end of last fiscal year because their
dividends are high relative to those paid by other companies.


Read more at Bloomberg Stocks News