Press Release

Conclusion of Cooperation Agreement with Taiwan Power Company

March 21, 2024
Chubu Electric Power Co.,Inc.

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We concluded a cooperation agreement (hereinafter the "Agreement") with Taiwan's public power company, Taiwan Power Company (hereinafter "Taipower"), in the energy field with a focus on decarbonization on March 19, 2024.

We concluded our first cooperation agreement with Taipower in 1985, and since then we have deepened our relationship by exchanging opinions regarding the power business and conducting mutual visits.

In addition to the contents of the previous agreements, the Agreement will focus on decarbonization.
From now on, we will continue to strengthen mutual exchanges with Taipower so that we can contribute to the promotion of decarbonization efforts of both companies on our Zero Emissions Challenge and CCUS (Note) initiatives, as well as efforts to realize the "Taiwan's Pathway to Net-Zero Emissions in 2050".

We will continue to work towards realizing Chubu Electric Power Group Management Vision 2.0 by actively developing our global business.

(Note) Carbon dioxide Capture, Utilization and Storage

【Reference】 Company profile of Taipower

Company name

Taiwan Power Company

Head office

Taipei City, Taiwan

Representative

Mr. Wen-Sheng Tseng

Establishment

1946

Business details

Power transmission and distribution, power procurement, power generation, power retail, and other power-related businesses

Business area

All of Taiwan

Website

Taiwan Power Company Home Page

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Chubu Electric Power Co. Inc. published this content on 21 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 March 2024 05:16:02 UTC.