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Japanese public to bear the costs of scrapping 5 old nuclear reactors

text-my-money-2flag-japanFive ageing nuclear reactors to be scrapped in Japan Sun Daily,  12 March 2015 -TOKYO: Japanese power companies are expected to announce the decommissioning of five ageing nuclear reactors next week, local media reported Thursday.

Four operators – Kansai Electric Power Co, Japan Atomic Power Co, Chugoku Electric Power Co and Kyushu Electric Power Co – will decide on Wednesday to scrap the reactors, which went into service in the 1970s, Kyodo News agency reported without citing any sources.

The operators will avoid the cost of beefing up safety measures to meet higher standards following Japan’s worst nuclear accident in Fukushima prefecture in 2011, Kyodo said.

The Industry Ministry said in January that the cost of decommissioning reactors, which can run to hundreds of millions of dollars and take decades until the property is ready for other uses, should be met by the general public……..http://www.thesundaily.my/news/1353191

March 13, 2015 - Posted by | decommission reactor, Japan

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