Federation estimates Fukushima nuke plant cleanup costs, redress may rise to ¥8 trillion ($77.10 billion)
An industry group has estimated costs for decontamination work at the disaster-struck Fukushima nuclear plant and compensation for nuclear damage to be around ¥8 trillion ($77.10 billion) more than the current official projection, a source said Thursday.
The Federation of Electric Power Companies of Japan, which consists of the country’s 10 electric power companies, has informally asked Prime Minister Shinzo Abe’s government to use state funds to cover the extra costs, the source also said.
The costs are supposed to be covered by the utilities, including Tokyo Electric Power Company Holdings Inc., operator of the crippled Fukushima No. 1 nuclear power plant, where three reactors melted down in the aftermath of the March 2011 quake-tsunami disaster. The government is cautious about using taxpayer money to deal with the issue, the source said.
Under the current estimate, compensation payments are projected to total ¥5.4 trillion, while decontamination costs are forecast to reach ¥2.5 trillion.
Tepco and other nuclear power plant operators have paid contributions for compensation payments to a state-backed fund. As for decontamination costs, the fund will seek to retrieve that money by selling Tepco shares that it owns.
No comments yet.
-
Archives
- August 2022 (109)
- July 2022 (368)
- June 2022 (277)
- May 2022 (375)
- April 2022 (378)
- March 2022 (405)
- February 2022 (333)
- January 2022 (422)
- December 2021 (299)
- November 2021 (400)
- October 2021 (346)
- September 2021 (291)
-
Categories
- 1
- 1 NUCLEAR ISSUES
- business and costs
- climate change
- culture and arts
- ENERGY
- environment
- health
- history
- indigenous issues
- Legal
- marketing of nuclear
- media
- opposition to nuclear
- PERSONAL STORIES
- politics
- politics international
- Religion and ethics
- safety
- secrets,lies and civil liberties
- spinbuster
- technology
- Uranium
- wastes
- weapons and war
- Women
- 2 WORLD
- ACTION
- AFRICA
- AUSTRALIA
- Christina's notes
- Christina's themes
- culture and arts
- Fuk 2022
- Fukushima 2017
- Fukushima 2018
- fukushima 2019
- Fukushima 2020
- Fukushima 2021
- general
- global warming
- Humour (God we need it)
- Nuclear
- RARE EARTHS
- Reference
- resources – print
- Resources -audiovicual
- World
- World Nuclear
- YouTube
-
RSS
Entries RSS
Comments RSS
Leave a Reply