Japanese Only Operational Nuclear Reactor Shut
Japanese Only Operational Nuclear Reactor Shut, Increasing Fuel Costs, By Tsvetana Paraskova for Oilprice.com A Japanese high court has ordered local utility Shikoku Electric Power Company to continue idling its only operational nuclear reactor until the company provides a satisfactory proof that the reactor is safe.The extended shutdown of the nuclear reactor would lead to higher fuel costs for the Japanese utility.
Shikoku Electric Power’s only operational reactor at the Ikata nuclear plant in western Japan was taken offline at the end of December for regular maintenance. The utility planned to restart the reactor within two months, but the Hiroshima High Court has just ruled that the utility had not provided sufficient guarantees that the reactor would be safe in case of earthquakes or volcano eruptions……..
Public opposition to nuclear energy is creating uncertainty about how much nuclear generation capacity Japan will restore.
Japan spent an additional annual average of around US$30 billion for fossil fuel imports in the three years after the Fukushima accident, according to EIA estimates.
The country is also looking at alternative energy sources, including hydrogen, in order to reduce its fossil fuels import bill as the future of many of its nuclear reactors is still uncertain. https://oilprice.com/Latest-Energy-News/World-News/Japanese-Only-Operational-Nuclear-Reactor-Shut-Increasing-Fuel-Costs.html
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