JERA Co., Inc. ("JERA") is moving forward with replacing aging equipment at thermal power plants in Japan with state-of-the art, high efficiency equipment. These replacements will help JERA to achieve its goal of delivering a globally competitive supply of energy, and contributing to a low carbon society.

Today, JERA received an Acknowledgement Notice from the Minister of Economy, Trade, and Industry concerning the Environmental Impact Statement1 for the Yokosuka Thermal Power Station New Unit 1 and 2 Construction Plan (the “EIS”). This Acknowledgement Notice confirms that no changes are required to the EIS that was submitted for review on 15 November 2018, in accordance with the Environmental Impact Assessment Law and Electricity Business Act, to the Ministry of Economy, Trade, and Industry.

As a result, JERA will now, in accordance with the Electricity Business Act, transmit the EIS to the governor of Kanagawa Prefecture and to the mayor of the city of Yokosuka.

The EIS will be made available for public review from 18 December 2018 through 25 January 2019 at the related administrative agencies listed in Attachment 2 as well as through the JERA website.

JERA will continue to move the project forward with the understanding of the local community and other parties concerned.

1Environmental Impact Statement: The last of four phases stipulated under the Environmental Impact Assessment Law.

Attachment 1: Outline of Yokosuka Thermal Power Station Replacement Plan
Attachment 2: Public Review of the Environmental Impact Statement for the Yokosuka Thermal Power Station Replacement Plan