Tokyo Electric Power Co Holdings Inc (TEPCO) a subsidiary of nuclear damage compensation and decommissioning facilitation corporation of Japan, is involved in generating, transmitting, and distributing electricity, transporting fuel and retailing electricity and gas. The company operates across the entire energy supply chain, from fuel procurement to power generation. It provides remote monitoring, personnel training, advisory and consulting, and operation and maintenance services to power plants. TEPCO serves customers in the Kanto Region, including Tokyo and the metropolitan area.

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TEPCO’s research and development (R&D) focuses on developing technologies to promote nuclear reactors, ensuring nuclear safety, achieving a stable supply of electricity, and realizing carbon neutrality. The company is involved in maximizing the value created by intellectual capital, implementing strategic investments, forming business alliances, and focusing on technological initiatives and innovations. The R&D units of the company include Ludings, Power Grid, Energy Partner, and Renewable Power. In FY2024, the company spent JPY21,071 million on R&D, which as percentage of revenue stood at 0.3% and increased by 6.8% YoY.