Toshiba 1999 Annual Report Download - page 16

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TOSHIBA ANNUAL REPORT 1999
Page
14.
A NEW LOOK. A NEW TOSHIBA.
The ability to supply turnkey nuclear, thermal and hydroelectric power plants
and substations enables the Power Systems & Services Company to support
energy infrastructures around the world. Through strategic alliances with lead-
ing manufacturers in Japan and overseas, the company is bolstering cost com-
petitiveness, even as it continues development of next-generation technologies
that will cement its position as a world leader in power systems.
Continuous curbs on capital expenditures
by Japan’s electric utilities are likely to
limit domestic demand for power systems,
but two encouraging trends point to the
future. In the emerging economies, includ-
ing China, Southeast Asia and Latin
America, the company expects long-term
The combined-cycle Unit No. 7
at Chubu Electric Power’s Shin-
Nagoya Thermal Power Plant
started full-scale operations in
December 1998.
(Upper and lower photographs)
Proton exchange membrane (PEM)
fuel cells like these are expected to
find applications in cars and homes
of the future.
Power Systems & Servi