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Japan’s nuclear reprocessing reactor’s astronomic costs

Fast breeder reactor far costlier than regular nuclear power generation http://english.kyodonews.jp/news/2012/06/166571.html TOKYO, June 29, Kyodo If the development of the controversial Monju prototype fast breeder reactor is continued, its costs will swell to over 1.4 trillion yen and its power generation costs will be 10,000 yen per kilowatt hour, roughly 1,000 times greater than a regular reactor, according to data compiled by Kyodo News.

 Construction of the Monju reactor started in Tsuruga, Fukui Prefecture, in 1985 as part of the government’s policy of establishing a nuclear fuel cycle to make use of spent nuclear fuel at conventional atomic plants that run on uranium. Monju uses a uranium and plutonium mix as fuel.

 The facility of the government-affiliated Power Reactor and Nuclear Fuel Development Corp. first reached criticality, a situation where a chain reaction of nuclear fission is sustained, in 1994. http://english.kyodonews.jp/news/2012/06/166571.html

June 30, 2012 - Posted by | business and costs, Japan, reprocessing

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