Japan to scrap Turkey nuclear project

Post-Fukushima safety measures doubled costs for Mitsubishi and partners Nikkei Asain Review

TAKASHI TSUJI, Nikkei staff writer, DECEMBER 04, 2018 TOKYO — A Japan-led public-private consortium is set to abandon a Turkish nuclear power project that had been touted as a model for Tokyo’s export of infrastructure, Nikkei has learned.The delayed project’s construction costs have ballooned to around 5 trillion yen ($44 billion), nearly double the original estimate, making it difficult for lead builder Mitsubishi Heavy Industries and its partners to continue with the plans.

The increase was due to heightened safety requirements in the wake of the 2011 meltdown at Japan’s Fukushima Daiichi nuclear power plant. The recent fall in the Turkish lira has also contributed to the cost increases.

The decision to cancel the project, now in final negotiations among the parties, comes as a blow to Japan’s nuclear industry, which is looking for avenues for growth overseas as it becomes increasingly unlikely that a new plant will be built at home post-Fukushima.

The Japanese and Turkish governments agreed in 2013 on the project, with an alliance of Japanese and French businesses centered on Mitsubishi Heavy to build four reactors in the city of Sinop on the Black Sea. Initial plans had construction beginning in 2017, with the first reactor coming online in 2023………

In 2017, global investment toward building new nuclear projects plunged roughly 70% year on year to $9 billion, according to the International Energy Agency. With safety costs rising, nuclear has grown less competitive with other forms of energy.

A number of aging Japanese reactors are set to be decommissioned soon, with Kansai Electric Power planning to scrap the Nos. 1 and 2 reactors at its Oi plant in Fukui prefecture, and Tohoku Electric Power the No. 1 unit at a plant in Miyagi Prefecture’s Onagawa. Meanwhile, new nuclear projects have hit a standstill in the face of deep public wariness. https://asia.nikkei.com/Economy/Japan-to-scrap-Turkey-nuclear-project

December 4, 2018 - Posted by Christina MacPherson | business and costs, Japan, Turkey

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1.This Month

On Sunday, August 2^nd, Veterans for Peace begins their eight-day virtual 2020 Convention. At noon Mountain Daylight Time, the Opening Plenary will tell the story in “The Nuclear Weapons Industry – Creating Victims – More Than 75 Years and Counting.” The scheduled speakers are: the Chief of Council of the Western Shoshone Nation and Spiritual Person, Chief Johnnie Bobb; the social practice artist and educator Yasuyo Tanaka; journalist and author in Kyoto, Japan, Toshiya Morita; and peace activist, Joni Arends, of CCNS.

For more information, visit https://vfp2020.attendease.com/

6 August Hiroshima Day 75th Anniversary Commemorations

by London Campaign for Nuclear Disarmamen

Join London CND for an online event in commemoration of the 75th Anniversary of Hiroshima Day Thu, 6 Aug 2020, 12:00 BST https://www.eventbrite.co.uk/e/hiroshima-day-75th-anniversary-commemorations-registration-110968068480

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Oregon Physicians for Social Responsibility

https://www.oregonpsr.org/hiroshima_nagasaki Our 2020 memorial event, which marks the 75th anniversary of the atomic bombings of Hiroshima and Nagasaki, will be held on Thursday August 6 2020 beginning at 6:00 PM. Due to the ongoing COVID-19 pandemic, this event will be a virtual online event. More details will be posted as the event organizing progresses, and we hope that you’ll mark your calendars and plan to join us on August 6th!

On Thursday, August 6th, at 6 pm Mountain Daylight Time, a program organized by New Mexico activists, faith leaders, and veterans, the “75^th Anniversary Hiroshima Day One-Hour Online Commemoration” will be available at https://paceebene.org/hiroshimaday2020 .

The scheduled speakers are: Roshi Joan Halifax, Buddhist teacher, Zen priest, anthropologist, and pioneer in the field of end-of-life care; Dr. Ira Helfand, of the International Steering Committee of the International Campaign to Abolish Nuclear Weapons; Jay Coghlan, executive director of Nuclear Watch New Mexico; and Archbishop of Santa Fe, John Wester. The host will be the Reverend John Dear, priest, activist, and author of 35 books. The program is organized by New Mexico 75th Anniversary of Hiroshima/Nagasaki Committee and Pace e Bene. The event will also be available at https://www.hiroshimanagasaki75.org/

A two-day virtual event commemorating the 75th year since the bombings of Hiroshima and Nagasaki is scheduled for August 6th and August 9th. The organizers intend the event to be “a creative, intersectional way to shine a spotlight on local events nationwide, to highlight the stories of survivors, to look toward the future of a world free from nuclear threats, and to amplify the voices of activists, experts and others beyond their typical audience.” To learn more, use #still here or https://www.hiroshimanagasaki75.org/ . http://nuclearactive.org/

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