Despite earthquake risks, Japan’s Kashiwasaki-Kariwa nuclear power plant might be restarted
World’s Largest Nuclear Power Plant One Step Closer To Operation http://oilprice.com/Latest-Energy-News/World-News/Worlds-Largest-Nuclear-Power-Plant-One-Step-Closer-To-Operation.html
While the watchdog could issue a formal approval for Kashiwasaki-Kariwa’s restart later this fall, according to the Nikkei Asian Review, the actual resumption of the reactors is questionable: there is strong local community opposition to nuclear power as fears of another meltdown still linger.
Regulators have conducted technical safety evaluations of the plant, whose reactors are of the same kind as those that melted down in Fukushima, but there are still some reservations regarding Tepco’s safety efforts. The NRA has requested that Tepco’s proposed safety measures for Kashiwasaki-Kariwa be made more legally binding, and has set up a panel to devise ways to guarantee the utility keeps its word.
Tepco first applied for approval to restart two of Kashiwasaki-Kariwa’s seven reactors back in 2013, and has since worked to fulfill all safety requirements that regulators imposed. The company’s shares, however, jumped 3 percent on the news of NRA’s approval despite the slim chance of Kashiwasaki-Kariwa actually returning to operation.
The Fukushima disaster, caused by a tsunami in 2011, displaced 160,000 people, many of them permanently, and led to the shut down of all 50 nuclear reactors in the country. The cost of the disaster is estimated at US$197 billion.
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