Japan preparing the way for continued extension of the operating lifetime of its nuclear reactors

Amid an energy crunch that served a severe blow to Japan’s economy, the
government in Tokyo is considering extending the lives of the country’s
nuclear power plant fleet beyond the maximum current lifespan of 60 years.
According to local reports cited by Reuters, the plan is to remove the
limits on nuclear power plants’ lifetimes as a whole, which would open the
door to serial extensions of these lifetimes. The changes will need to be
approved by the Nuclear Regulation Authority.
Japan has 33 nuclearreactors, of which four have received approval to operate for a period of
60 years. This represents an extension on their original 40-year lifespans,
as stipulated in the current nuclear power regulation that was implemented
after the Fukushima tragedy. Currently, the regulations only allow one
20-year extension after the original 40-year period.
Oil Price 14th Oct 2022
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