It has become clear that Kyushu Electric Power is considering withdrawing from the LNG = liquefied natural gas thermal power plant construction plan that has been jointly promoted with Tokyo Gas in Chiba Prefecture.
It seems that it was judged that it would be difficult to secure profitability due to soaring resource prices.
Kyushu Electric Power, in collaboration with Tokyo Gas, has been proceeding with a plan to build an LNG thermal power plant in Sodegaura City, Chiba Prefecture.
It is a large power plant with a maximum power generation scale of 2 million kW, and both companies have invested hundreds of billions of yen to start construction next year, aiming for operation in 2028.
However, according to the people concerned, Kyushu Electric Power is considering withdrawing from this construction plan.
In response to the situation in Ukraine, the price of resources including LNG as fuel is soaring, and it seems that Kyushu Electric Power has decided that it will be difficult to secure profitability.
On the other hand, Tokyo Gas has a policy of reexamining the plan on the premise that it will proceed independently.
Regarding the supply and demand of electricity in Japan, the stable supply of electricity has become a major issue, as the government has decided to request power saving nationwide for the first time in seven years this summer.
Under these circumstances, the withdrawal of Kyushu Electric Power highlights the fact that the construction of a large-scale power plant, which is expected to lead to a stable supply, makes planning difficult due to soaring resource prices.