Hitachinaka Generation

From Global Energy Monitor

Hitachinaka Generation is a 650-megawatt (MW) coal-fired power station in Tokai-mura, Naka-gun, Ibaraki, Japan.

Location

The undated satellite photo below shows the Hitachinaka Thermal Power Station in Tokai-mura, Japan. The Hitachinaka Generation plant is operating at this site.

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Background on Plant

In 2013, Chubu Electric Power Company said it plans to found a joint special purpose company with Tokyo Electric Power Co. (TEPCO) to build and operate a 600 MW coal-fired power plant, to be constructed at TEPCO's 2,000 MW Hitachinaka Thermal Power Station.[1]

In December 2013, the two companies announced that they had agreed to form the Hitachinaka Generation Company with Chubu holding a 96.55% stake in the company and TEPCO 3.45%. In its media release, the company stated the proposed project would have an installed capacity of 650MW, with 600MW sent out to the grid. The projected commissioning date is 2020-2021.[2][3]

In May 2016, Japan’s environment minister Tamayo Marukawa endorsed the plant.[4] The plant is under construction.[5]

In September 2018, the Kiko Network listed the plant's commissioning date as 2020.[6] In May 2020 a company profile of Hitachinaka Generation Company gave the commissioning date for Unit 2 as 2021.[7]

In January 2021 the plant began commercial operations.[8]

Financing

In September 2017, the project reached financial closure after it secured US$1150.70 million in loans from Mizuho Bank, Development Bank of Japan, Sumitomo Mitsui Banking Corporation, MUFG Bank, and Resona Bank.[9]

Project Details

  • Sponsor: Hitachinaka Generation Company
  • Parent company: Chubu Electric Power, TEPCO
  • Location: Tokai-mura, Naka-gun, Ibaraki, Japan
  • Coordinates: 36.436820663263, 140.61409950256 (exact)
  • Status: Operating
  • Gross Capacity: 650 MW
  • Type:  Ultra-supercritical
  • Coal Type: Bituminous
  • Coal Source:  
  • Source of financing: US$1150.70 million in debt from Mizuho Bank, Development Bank of Japan, Sumitomo Mitsui Banking Corporation, MUFG Bank, and Resona Bank[9]

Articles and resources

References

  1. "Chubu Electric, TEPCO to jointly build coal power plant," Global Post, May 21, 2013.
  2. "「株式会社常陸那珂ジェネレーション」の設立について" (Establishment of “Hitachinaka Generation Co., Inc.), Media Release, December 6, 2013.
  3. "Construction plans for Japan's coal power stations," Reuters, Dec 11, 2014.
  4. Chisaki Watanabe, "Japan Minister Endorses Two Coal-Power Plants North of Tokyo," Bloomberg, May 27, 2016
  5. "Hitachinaka Kyodo No.1 / Hitachinaka Generation / Tokai village, Ibaraki pref.," Kiko Network, accessed Feb 2017
  6. Japan Coal Phase-Out, Kiko Network, November 2018
  7. ■ 工程■ 配置図常陸那珂共同火力発電所1号機, Hitagene, May 2020
  8. Motoko Hasegawa,Jera starts up Hitachinaka coal-fired power unit, Argus Media, Jan. 8, 2021
  9. 9.0 9.1 "Preview of Hitachinaka Coal-Fired Power Plant (650MW) | Transaction | IJGlobal". ijglobal.com. Retrieved 2020-09-21.

Related GEM.wiki articles

External resources