Chubu Electric Power Co Inc - Company Profile
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Business Description
Chubu Electric Power Co Inc (Chubu) is primarily engaged in the energy sector, focusing on the supply of electricity and gas. It generates power through multiple sources, including hydroelectric, coal, oil, nuclear, wind, solar, and biomass. The company also offers comprehensive energy services in gas and power fields. The company has overseas offices in Washington, D.C., London, and Doha, indicating its global presence.
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R&D Overview
Chubu is actively engaged in technology research and development to realize its Vision 2.0, focusing on seven priority areas. These areas include decarbonization, expanding the use of renewable energy, developing low-cost floating offshore wind power technology, building hydrogen and ammonia supply chains, maximizing nuclear power use, promoting electrification, and enhancing resource recycling. The company is also involved in digital transformation (DX) initiatives, such as generative AI and energy management systems (EMS), to create new value and transform business processes and lifestyles. The company is participating in the Floating Offshore Wind Technology Research Association (FLOWRA) for international standardization of floating offshore wind power technologies. In FY2024, Chubu, along with Chubu Electric Power Grid and Chubu Electric Power Miraiz, acquired 35 patents and filed 46 patent applications. In FY2025, the company incurred a research and development expenditure of JPY9,300 million, which was 0.3% of the company's total revenue.
Business Segments
Overview
Sells gas and LNG. Provides comprehensive energy services in gas and power fields.
Performance
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Overview
Provides power network services to customers.
Performance
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Overview
Includes upstream fuel procurement, power generation, and the sale of electricity and gas.
Performance
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Performance
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