Tokyo Electric Power Company president, Shimizu Masakatsu, is stepping down from his post as chairman of the Federation of Electric Power Companies of Japan. It is a direct result of the crisis at Fukushima Daiichi.
The FEPC is a kind of union, or club, of electrical power companies in Japan. Yagi Makoto, president of Kansai Electric Power Company, will replace Shimizu as chairman of FEPC.
Shimizu said he plans on resigning from one of Japan’s biggest nuke power lobby groups, Nippon Keidanren, as well.