Closing down of Fukushima nuclear power plant has skyrocketed to US$75 billion

Oil Price 30th March 2018, The decommissioning of the Fukushima nuclear power plant will cost an
annual US$2 billion (220 billion yen) until 2021, an unnamed source told
the Japan Times. Half of the money will be used to tackle the radioactive
water buildup at the site of the plant and for removing radioactive fuel
from the fuel pools. A small amount of funds will be used to research ways
of retreating melted fuel from the reactors that got damaged during the
2011 tsunami disaster.

The US$6 billion for the three years is only part of
the total estimated cost for taking Fukushima out of operation. The total
decommissioning tally came in at US$75 billion (8 trillion yen), as
estimated by the specially set up Nuclear Damage Compensation and
Decommissioning Facilitation Corp (NDF).

That’s four times more than the initial estimate of the costs around the NPP’s decommissioning. Now theoperator of Fukushima, Tepco, and the NDF are due to submit their financial plan for the facility to the government for approval by the energy industry
minister. In addition to the US$6 billion allocated for the cleanup, Tepco
will spend another US$1.88 billion (200 billion yen) on preparing to start
extracting the melted fuel from the three damaged reactors. This seems to
be the biggest challenge for the cleanup efforts because of the still high
radiation levels as well as technical difficulties. https://oilprice.com/Latest-Energy-News/World-News/Total-Tally-For-Fukushima-Decommission-Is-75-Billion.html

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EVENTS

Did You Know about these important public meetings?

1. Thursday, August 22, 2019 from 4 to 5 pm – Joni Arends will be interviewed by Xubi Wilson on KSFR-FM 101.1 “Living on the Edge” show. She will discuss New Mexico, the nuclear weapons industry, and the sacrifices that are continuing to be extolled from the People by that industry everyday and in every way.

2. Thursday, August 22, 2019 from 5:30 to 7 pm – LANL’s Environmental Management Los Alamos Field Office (EM-LA) public meeting about The Environmental Management Cleanup Forum: Legacy Waste at Los Alamos National Laboratory, at the Santa Fe Community College, 6401 Richards Avenue, Santa Fe.
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3. Friday, August 23, 2019 from 9 am to 4:30 pm – New Mexico Interim Radioactive and Hazardous Committee meeting at the University of New Mexico-Los Alamos, Wallace Hall, 4000 University Drive, Los Alamos. Presenters include: James C. Kenney, Secretary of the NM Environment Department (NMED); Kelly Beierschmitt, Deputy Director of Operations, LANL; and Santa Fe County Commissioner Anna Hansen about DOE Order 140.1 with Jonathan Plaue, with the Defense Nuclear Facilities Safety Board. Topics include: the 2016 NMED Order on Consent for LANL, and the chromium and co-located perchlorate plume. https://www.nmlegis.gov/Committee/Interim_Committee?CommitteeCode=RHMC

4. Monday, August 26, 2019 from 3 to 5 pm – WIPP draft Five-Year Strategic Plan at the Hotel Santa Fe, 1601 Paseo de Peralta, Santa Fe, NM. Unfortunately, at posting time, the draft plan is not available for review prior to the meeting.

5. Wednesday, August 28, 2019 from 10:30 – 12:30 – WIPP draft Five-Year Strategic Plan at the Skeen-Whitlock Building, 4021 National Park Highway, Carlsbad, NM.

6. Thursday, August 29th from 11 to 1 pm – Cold War Patriots are hosting a meeting for DOE/NNSA/LANL/Sandia/WIPP workers and former workers about how to navigate the complex EEOICPA and RECA government programs at St. John’s Methodist Church in Santa Fe. https://coldwarpatriots.org/

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