Editorial. Restarting Tokai No. 2 nuclear plant would be a huge mistake
http://www.asahi.com/ajw/articles/AJ201807050026.html July 5, 2018
The Nuclear Regulation Authority has concluded that the Tokai No. 2 nuclear power plant in Ibaraki Prefecture, operated by Japan Atomic Power Co., meets improved safety standards for a restart.
The watchdog body’s decision effectively paves the way for bringing the idled facility back online.
But a slew of questions and concerns cast serious doubt on the wisdom of restarting this aging nuclear plant located at the northern tip of the Tokyo metropolitan area, given that it is approaching the end of its 40-year operational lifespan.
There is a compelling case against bringing the plant back on stream unless these concerns are properly addressed.
The first major question is how the project can be squared with the rules for reducing the risk of accidents at aging nuclear facilities.
The 40-year lifespan for nuclear reactors is an important rule to reduce the risk of accidents involving aging reactors that was introduced in the aftermath of the disaster at the Fukushima No. 1 nuclear power plant in 2011.
Although a reactor’s operational life can be extended by up to 20 years if approved by the NRA, the government, at the time of the revision to the law, said it would be granted only in exceptional cases.
Despite this caveat, Kansai Electric Power Co.’s applications for extensions for its three aging reactors all got the green light.
The NRA has yet to approve the requested extension of the Tokai No. 2 plant’s operational life. But it is obvious that the nuclear watchdog’s approval will cause further erosion of the rule. It will also undermine the regulatory regime to limit the lifespan of nuclear facilities per se.
Local communities have also raised objections to restarting the Tokai No. 2 plant. Some 960,000 people live within 30 kilometers of the plant, more than in any other 30-km emergency planning zone.
The local governments within the zone are struggling to develop legally required emergency evacuation plans to prepare for major accidents.
This spring, an agreement was reached between Japan Atomic Power and five municipalities around the plant, including Mito, that commits the operator to seek approval from local authorities within the 30-km zone before restarting the plant.
Winning support from the local communities for the plant reactivation plan is undoubtedly a colossal challenge, given strong anxiety about the facility’s safety among local residents. The gloomy situation was brought home by the Mito municipal assembly’s adoption of a written opinion opposing the plan.
But Japan Atomic Power is determined to carry through the plan as its survival depends on the plant continuing operation.
The company was set up simply to produce and sell electricity by using atomic energy. Its nuclear reactors are all currently offline, which has placed the entity in serious financial difficulty.
Since the company is unable to raise on its own funds to implement the necessary safety measures at the Tokai No. 2 plant, which are estimated to exceed 170 billion yen ($1.54 billion), Tokyo Electric Power Co. (TEPCO) and Tohoku Electric Power Co., which are both shareholders and customers of the company, will provide financial support.
But TEPCO has been put under effective state control to deal with the costly consequences of the Fukushima disaster.
It is highly doubtful that the utility, which is kept alive with massive tax-financed support, is qualified to take over the financial risk of the business of another company in trouble.
TEPCO claims the Tokai No. 2 plant is promising as a source of low-cost and stable power supply, although it has not offered convincing grounds for the claim.
Some members of the NRA have voiced skepticism about this view.
TEPCO and the Ministry of Economy, Trade and Industry, which supervises the power industry, have a responsibility to offer specific and detailed explanations about related issues to win broad public support for the plan to reactivate the Tokai No. 2 nuclear plant.
A hard look at the grim situation surrounding the plant leaves little doubt that restarting it does not make sense.
Japan Atomic Power and the major electric utilities that own it should undertake a fundamental review of the management of the nuclear power company without delaying efforts to tackle the problems besetting the operator of the Tokai No. 2 plant.
Japan nuclear agency urges measures to cut plutonium stocks
http://www.sandiegouniontribune.com/business/sns-bc-as–japan-nuclear-20180705-story.html MARI YAMAGUCHIAssociated Press
The annual “nuclear white paper” approved by the Atomic Energy Commission is an apparent response to intensifying pressure from Washington as it pursues denuclearization in North Korea. It says Japan’s fuel recycling program should continue, but minimize the amount of plutonium extracted from spent fuel for reuse in power generation to eventually reduce the stockpile.
Japan has pledged to not possess plutonium that does not have a planned use, but the promise increasingly sounds empty because of the slow restarts of Japanese power-generating reactors that can burn plutonium amid setbacks from the 2011 Fukushima disaster.
Though Japanese officials deny any possible misuse of the material and reprocessing technology, the large stockpile of plutonium that can make atomic bombs also raises security concerns as the U.S. wants North Korea to get rid of its nuclear weapons.
Commission chairman Yoshiaki Oka said the effort to tackle the stockpile is Japan’s own initiative underscoring its commitment to a peaceful nuclear program, and not because of the U.S. Oka said he was not aware of any outstanding problem between the two countries over the plutonium issue, but that Japan is taking into consideration the importance of maintaining “relationship of trust with the U.S.”
The commission is compiling guidelines to better manage and reduce the plutonium stockpile. Measures would include some government oversight in setting a cap on plutonium reprocessing and a study into how to steadily reduce the plutonium processed abroad.
Oka declined to cite a numerical target, but he said reducing the stockpile is a “must.”
Japan has nearly 47 tons of plutonium — 10 tons at home and the rest in France and Britain, where spent fuel from Japanese nuclear plants has been reprocessed because Japan is not able to reprocess it into plutonium-based MOX fuel at home.
The amount is enough to make 6,000 atomic bombs, but at Japan’s Rokkasho reprocessing plant denies any risk of proliferation, citing its safeguards and close monitoring by the International Atomic Energy Agency .
After years of delay due to technical issues, the Rokkasho plant is in the final stages of safety approvals by the regulators ahead of its planned launch in 2021. Critics, however, say that starting up the plant only adds to the stockpile.
The plant at full capacity can annually produce 8 tons of plutonium, and burning that would require 16-18 reactors — a long shot given the slow pace of restarts and public resistance. Japanese utility operators are also opting to decommission aged reactors rather than making costly safety upgrades to meet the post-Fukushima standards.
Only four reactors have restarted since the Fukushima crisis, using stricter safety requirements and despite resistance of neighbors.
Another setback for Japan’s plutonium balance is a failure of Monju, a plutonium-burning reactor built as the centerpiece of Japan’s fuel recycling program. Monju had been suspended after a major accident in 1995 and is now being scrapped.
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Japan’s new Basic Energy Plan favours nuclear energy, but also commits to solar and wind power
Nuclear reactor restarts likely as Cabinet OKs new energy plan http://www.asahi.com/ajw/articles/AJ201807030061.html, By SHINICHI SEKINE/ Staff Writer, July 3, 2018
A new wave of nuclear reactor restarts became more likely as the government approved the new Basic Energy Plan on July 3, confirming that nuclear power will remain a key component of Japan’s energy strategy.
But by rubber-stamping the plan, the government also strengthened its commitment to giving renewables such as solar and wind power a major role in energy generation.
The latest Basic Energy Plan, which charts the nation’s mid- and long-term energy policy, marks the fifth in a series that is required by law to be reviewed about every three years.
The second plan to be revised under the administration of Prime Minister Shinzo Abe stated for the first time that the country will strive to make renewable energy a major power source, although it noted fluctuations in output due to weather conditions.
Renewables can become a viable source of a stable power supply when they are combined with rechargeable batteries and hydrogen, according to the plan.
The plan also maintained the reliance on coal-fired thermal power as a base-load energy source despite high emissions of carbon dioxide.
The Abe administration decided to promote nuclear energy when it revised the plan in 2014, reversing the policy of the previous government led by the then-Democratic Party of Japan, which pledged to phase out nuclear power by 2039 in the face of mounting public concern over the safety of nuclear power following the 2011 Fukushima nuclear disaster.
Under the latest plan, the ratio of nuclear energy, renewables and coal thermal power in the nation’s overall energy as of fiscal 2030 will remain at 20-22 percent, 22-24 percent and 26 percent, respectively, in line with the government’s target set three years ago.
Experts say about 30 reactors need to be reactivated to achieve the 20-22 percent target, but only nine have gone back on line so far after they cleared the more stringent reactor regulations that took effect after the Fukushima accident.
The plan did not touch on the need for building a new nuclear plant in light of the widespread public opinion against nuclear energy. The last Basic Energy Plan did not mention the subject, either.
The latest plan re-endorsed using the nuclear fuel cycle, in which plutonium extracted from spent nuclear fuel at nuclear plants is used to generate power.
But the plan, noting calls from the United States, said that Japan “will make efforts to cut the stockpile of plutonium.”
Japan holds a total of 47 tons of plutonium, equivalent to 6,000 Nagasaki-type atomic bombs, a source of criticism from the United States and other countries.
The country has failed to reduce its plutonium stockpile due to little progress in the nuclear fuel cycle over decades.
The project to operate the Monju prototype fast-breeder reactor in Fukui Prefecture, the core part of the nuclear fuel cycle, rarely worked over 20 years due to numerous glitches. The government finally decided to pull the plug on it in 2016.
Burning a mixed oxide form of plutonium and uranium has not spread among conventional nuclear reactors, although it was considered a way to reduce the plutonium stockpile.
In its attempts to export nuclear plants, the country has hit major problems wherever it has pitched them.
But the government will maintain the export policy as a key component of the administration’s strategy for expanding the Japanese economy.
According to the Basic Energy Plan, “Japan is determined to make a positive contribution to enhancing the safety of nuclear energy and the peaceful use of nuclear energy” through exports of nuclear plants.
TEPCO aims to build more Fukushima-type nuclear reactors, vows to ‘excel in safety’ this time
Delay in removing spent nuclear fuel from Fukushima’s crippled nuclear reactor
Fuel removal from Fukushima reactor may be delayed, https://www3.nhk.or.jp/nhkworld/en/news/20180629_14/The operator of the damaged Fukushima Daiichi nuclear power plant says work to remove spent nuclear fuel from a cooling pool at one of its reactors may be delayed.
A total of 566 fuel units remain in the cooling pool at the No.3 reactor, which suffered a meltdown in 2011. Tokyo Electric Power Company, or TEPCO, planned to start removing the fuel as early as this autumn, as part of the decommissioning of the nuclear complex.
But on Thursday, TEPCO revealed the control board of a crane used in the removal malfunctioned during a test run last month. It blamed a voltage error and said the board will be replaced.
The company said the test run may be delayed by one or 2 months, pushing back the start date for fuel removal.
TEPCO’s chief decommissioning officer, Akira Ono, says he takes the glitch seriously as it shows key equipment was not handled properly.
He says that although safety must come first, his team still aims to stick to the original timetable and start the removal of nuclear fuel by around the middle of the current fiscal year, which ends in March next year.
Despite everything, Japan’s power companies are still loyal to nuclear power
Utilities reaffirm faith in nuclear power despite safety concerns http://www.asahi.com/ajw/articles/AJ201806280047.html, THE ASAHI SHIMBUN, June 28, 2018
Nine power companies said they are eager to restart their nuclear plants at their shareholder meetings on June 27, shunning calls to move toward renewables despite skepticism about the safety of relying on nuclear energy.
At the Kansai Electric Power Co. meeting, major shareholders such as the Kyoto and Osaka city governments called for nuclear power plants to be decommissioned.
“Kansai Electric should stop relying on nuclear power as soon as possible,” said Kyoto Mayor Daisaku Kadokawa.
In reply, Shigeki Iwane, president of Kansai Electric, said, “While giving top priority to the safety of nuclear plants, we intend to continue utilizing nuclear plants.”
He did not rule out the possibility of constructing new reactors.
Kyushu Electric Power Co., which is now operating four reactors, showed reluctance about a major shift to renewables.
A proposal to “significantly bolster” renewable energy was turned down at its shareholder meeting.
We cannot ensure the stability of frequency if we accept solar power more than at the current level,” said Michiaki Uriu, president of Kyushu Electric, noting the output of solar energy generated within the utility’s jurisdiction has reached the ceiling of 8.17 gigawatts.
At the Tokyo Electric Power Company Holdings Inc. meeting, a proposal was made to freeze preparatory work toward the planned resumption of its Kashiwazaki-Kariwa nuclear plant in Niigata Prefecture.
“Why does TEPCO bother to pursue nuclear power generation despite the Fukushima nuclear disaster?” said one shareholder. However, the proposal was rejected.
“The nuclear plant will continue to play an important role,” said Tomoaki Kobayakawa, president of TEPCO Holdings, referring to the Kashiwazaki-Kariwa plant, one of the largest in the world. “We will strive toward the restart by soul-searching and taking a lesson from the unprecedented accident.”
Some shareholders hailed the company’s decision to decommission the Fukushima No. 2 nuclear plant, announced by Kobayakawa, although they said the decision came belatedly.
But others voiced their regret over the decision, saying the plant is too good to be decommissioned.
The Fukushima No. 2 nuclear plant was damaged in the 2011 Great East Japan Earthquake and tsunami, but it managed to avert a meltdown, unlike the Fukushima No. 1 nuclear power plant nearby, where a triple meltdown occurred.
Another shareholder proposal concerned an end to providing financial support to Japan Atomic Power Co., which intends to resume operations at the Tokai No. 2 nuclear plant in Ibaraki Prefecture.
The same proposal was also made and rejected at a shareholder meeting of Tohoku Electric Power Co. the same day. Both TEPCO Holdings and Tohoku Electric fund Japan Atomic Power.
“We have offered debt guarantee to Japan Atomic Power due to the company’s efforts to ensure sustainability and cut fuel costs by restarting the nuclear plant,” said Jiro Masuko, vice president of Tohoku Electric.
All of Japan’s active nuclear power plants were shut down as part of precautionary measures after the 3/11 Fukushima disaster. Since then, nine have been restarted, and further 26 that remain idle could potentially be restarted.
Japanese firms shift to clean energy despite state’s cling to nuclear power
Rokkasho Election Results
Japan’s business firms shifting to clean energy, despite govt’s pro nuclear policy
Japanese firms shift to clean energy despite state’s cling to nuclear power, Japan Today , By Hidetoshi Takada, TOKYO While Japan’s government clings to atomic power even after the Fukushima nuclear crisis, its private sector is moving ahead with more use of renewables to power their operations amid growing international awareness of global warming.
Daiwa House Industries Co, for instance, became in March a member of both RE100 (Renewable Electricity) and EP100 (Energy Productivity), two global initiatives by the Climate Group.
RE100 is a global, collaborative initiative of influential businesses committed to using 100 percent renewable electricity, while EP100 brings together companies committed to doubling energy productivity to lower greenhouse gas emissions.
Among RE100’s 136 members are U.S. General Motors Co and Dutch consumer goods giant Unilever.
Printer maker Ricoh Co, the first Japanese firm to join RE100, was followed by five firms such as online stationery retailer Askul Corp and retail giant Aeon Co., aiming to meet the electricity needs of their global operations with renewable energy between 2030 and 2050.
Daiwa House says it is the world’s first company in the construction and housing sectors to join both campaigns and the first to declare it is taking bold action as part of EP100 among Japanese firms. Currently, there are 15 EP members. Daiwa aims to achieve the both by 2040.
Katsuhiro Koyama, general manager of Daiwa’s environment department, spurred debate to achieve the targets after returning to Japan from the COP23 global climate round in Germany last November.
He had previously taken a cynical view of such tech giants as Apple Inc, Google Inc and Microsoft Corp participating in the RE100 clean energy initiative, seeing it as an “atonement for their sins” of consuming huge amounts of electricity.
But Koyama, one of the Japanese delegate members to the global conference, said he was “inspired” by the firms’ “serious aspirations to leverage clean energy producers” after hearing various discussions.
The Osaka-based Daiwa group has invested an estimated 46.6 billion yen (about $424 million) in the construction of its own solar, hydro and wind power plants nationwide since 2007, producing power equivalent to about 60 percent of the group’s annual use of 481 million kilowatt hours. Meanwhile, it doubled its electricity use efficiency in fiscal 2016 compared to fiscal 2005.
Japanese businesses became much more aware of renewable energy in the wake of the Hokkaido Toyako summit in 2008 in which the Group of Eight countries set a long-term target to reduce greenhouse gas emissions.
The 2011 Great East Japan Earthquake, which triggered the suspension of all nuclear power plants in Japan, also sparked public concerns over the country’s energy mix.
The ratio of renewable energy to the nation’s entire power output capacity has risen from 10 percent in fiscal 2010 to 15 percent in fiscal 2016, according to the Agency for Natural Resources and Energy, boosted by a feed-in tariff system that obliges utilities to buy electricity generated by renewable energy at fixed prices.
The scheme has attracted businesses large and small, even individuals, to pour money into the photovoltaic field as it requires less effort to install and operate in a shorter period of time compared to other types of energy sources, said Yushi Inoue, a research director at Mitsubishi Research Institute, a think tank.
Individual power producers are actively trying to connect with grids in northeastern Japan, and sought to supply “more than three times what we can accept” in a recent offering, said a spokesman of Tohoku-Electric Power Co, the regional utility.
The region, part of which was devastated by the mega quake seven years ago and the subsequent nuclear disaster, has a number of favorable locations for wind power plants. “A vast majority of the seekers are renewable-energy oriented,” he said.
Meanwhile, a similar scheme in Europe that utilizes renewable energy certificates under a guarantee of origin of electricity generated from such sources has gained momentum among environmentally conscious firms, particularly after the 2008 summit on Japan’s northernmost island………
The Ministry of Economy, Trade and Industry drafted the latest energy mix plan due to be finalized this summer, calling nuclear power “an important baseload energy source.” This stance appears to conflict with public opinion which shifted after the 2011 Fukushima disaster. In addition to public sentiment against nuclear power plants, the government’s tougher safety standards led to the shutdown of all the countries reactors. ……..https://japantoday.com/category/business/feature-japan-firms-shift-to-clean-energy-despite-state%27s-cling-to-nuclear-power
Draft revision of Japan’s Basic Energy Plan does not call for new nuclear power reactors.
Japan’s nuclear energy policy at crossroads , Japan News June 23, 2018, By Koichi Kuranuki / Yomiuri Shimbun Senior Writer The Economy, Trade and Industry Ministry has compiled a draft revision of the nation’s Basic Energy Plan. The revised plan will serve as the new guidelines for long-term energy policies. In the plan, nuclear power is defined as “an important mainstay energy source,” but the plan does not specifically call for construction of new and additional nuclear power reactors.
If the situation is left as it is, Japan will move slowly toward zero nuclear energy over the long term. How can the people’s understanding of nuclear power deepen? Japan’s nuclear power policy is at a crossroads.
Mainstay energy source
The draft revision of the Basic Energy Plan presented on May 16 laid out a policy aiming to make solar power and other renewable energy the nation’s key energy sources. At the same time, it also listed technical issues such as fluctuations in energy output according to weather conditions and time of day……..
Growing costs
However, major power companies have to overcome high hurdles to independently build new plants or replace current reactors with new ones.
The total cost of Hitachi, Ltd.’s nuclear power business in Britain has ballooned to more than ¥3 trillion with two reactors. The project is likely to receive financial support from the British government, but negotiations are still under way for the prices of electricity the government guarantees to purchase, and no final conclusion has been reached.
The cost of building the Nos. 6 and 7 reactors at Tokyo Electric Power Company Holdings, Inc.’s Kashiwazaki-Kariwa nuclear power plant in Niigata Prefecture, which began operating in the 1990s, was about ¥400 billion per reactor. TEPCO was a blue chip company before its nuclear accident in 2011, and it was able to procure low-interest funding. Its interest burden for the construction funds of the reactors was only ¥10 billion in total.
However, the situation has changed completely since the nuclear accident. Nuclear safety standards have been ramped up worldwide, and construction costs have soared. TEPCO has spent a total of ¥700 billion on safety measures for the Nos. 6 and 7 reactors at the Kashiwazaki-Kariwa plant.
Even if companies build new plants at tremendous cost, a good return on the investment seems unlikely, and it is difficult to procure funds.
……. Public resistance…….. Many residents in Niigata Prefecture are opposed to nuclear power. A local resident related to the electric power industry who supported Hanazumi said, “I feel that possible votes for him are sure to decrease if constituents see [Hanazumi as being linked to] the activities of electric power companies.”…… Not only those living in the vicinity of nuclear power plants, but Japanese citizens in general have negative views on nuclear power generation…….http://the-japan-news.com/news/article/0004518947
Trouble-hit nuclear reactor in southwestern Japan resumes operations
Why Japan should disconnect from fast-breeder reactor project – The Asahi Shimbun
EDITORIAL: Japan should disconnect from fast-breeder reactor project http://www.asahi.com/ajw/articles/AJ201806180025.html, June 18, 2018
France has decided to sharply scale down its ASTRID fast-reactor project, which is supported by Japan.
France’s decision underscores afresh the dismal outlook of Japan’s plan to continue the development of fast-reactor technology by relying on an overseas project.
Now that it has become unclear whether participation in the ASTRID project will pay off in future benefits that justify the huge investment required, Japan should pull out of the French undertaking.
Fast reactors are a special type of nuclear reactors that burn plutonium as fuel. The ASTRID is a demonstration reactor, the stage in reactor technology development just before practical use.
The French government has said the Advanced Sodium Technological Reactor for Industrial Demonstration, if it comes on stream, will generate 100 to 200 megawatts of electricity instead of 600 megawatts as originally planned. Paris will decide in 2024 whether the reactor will actually be built.
Japan has been seeking to establish a nuclear fuel recycling system, in which spent nuclear fuel from reactors will be reprocessed to extract plutonium, which will then be burned mainly in fast reactors.
When the Japanese government in 2016 pulled the plug on the troubled Monju prototype fast-breeder reactor, which was at the technology stage prior to that of a demonstration reactor, it decided to make the joint development of the ASTRID the centerpiece of its plan to continue the nuclear fuel recycling program.
The government will provide some 5 billion yen ($45.2 million) annually for the French project through the next fiscal year, which starts in April, and decide, by the end of this year, whether and how it will be involved in the project after that.
Because of significant differences in the roles of prototype and demonstration reactors, a simple comparison between the Monju and the ASTRID can be misleading.
But it is clearly doubtful whether the ASTRID, which will be smaller than the Monju, will offer sufficient benefits for Japan’s fuel recycling program.
If it fully commits itself to the joint development of the ASTRID in response to France’s request, Japan will have to shoulder half the construction cost, estimated to be hundreds of billions to 1 trillion yen, and assign many engineers to the project. But these resources could end up being wasted.
Over the years, the government spent more than 1.1 trillion yen of taxpayer money on the Monju, designed to be a small-scale example of the potential of the fast-breeder reactor technology. But the prototype reactor remained out of operation for most of the two decades after it became operational. It actually accomplished only a small fraction of what it was designed to achieve.
The government should make an early decision to end its involvement in the ASTRID to avoid repeating the mistake it made with the Monju project, which was kept alive at massive cost for far too long as the decision to terminate it was delayed for years without good reason.
The government has only itself to blame for the current situation. Despite deciding to decommission the Monju, it stuck to the old fuel cycle policy without conducting an effective postmortem on the Monju debacle. Instead, the government too readily embraced the ASTRID project as a stopgap to keep its fast-reactor dream alive.
The government needs to rigorously assess whether it is wise to continue developing fast-reactor technology.
Producing electricity with a fast reactor is costlier than power generation with a conventional reactor that uses uranium as fuel. The United States, Britain and Germany phased out their own fast-reactor projects long ago.
France has continued developing the technology, but feels no urgent need to achieve the goal. The country predicts that the technology will be put to practical use around 2080 if it ever is.
Even if Japan wants to continue developing fast-reactor technology, it would be extremely difficult to build a demonstration reactor for the project within the country given that even finding a site to build an ordinary reactor is now virtually impossible.
The government would be utterly irresponsible if it aimlessly keeps pouring huge amounts of money into the project when there is no realistic possibility of the technology reaching the stage of practical application.
If it abandons the plan to develop fast-reactor technology, the government will have to rethink the entire nuclear fuel recycling program.
Any such fundamental change of the nuclear power policy would have serious implications. But there is no justification for postponing the decision any further.
Strong earthquake shakes Osaka: Officials in neighboring Fukui Prefecture say all 15 nuclear reactors are still functioning
UK govt providing $billions for Wylfa nuclear power project, but Hitachi still scrambling for more money from Japan and USA
Nikkei Asian Review 16th June 2018 , Hitachi continues to search for ways to share the burdens of building a British nuclear power plant and now is sounding out the Development Bank of Japan and several Japanese power companies about taking stakes in the
project, a high hurdle as many are still struggling with the heavy financial fallout from the 2011 meltdown at Fukushima.
The cost projection for the project on the Welsh island of Anglesey has ballooned to 3 trillion yen ($27.1 billion). To keep it commercially viable, the British government pledged on June 4 to arrange the entire 2 trillion yen in necessary loans, twice its original offer. In addition, 900 billion yen is to be invested in the Hitachi subsidiary responsible for developing and building the plant, with 300 billion yen coming from a consortium of Japanese companies and the Japanese government.
The DBJ is considering an investment as a government-affiliated financial institution. Chubu Electric Power, Tokyo Electric Power Co. Holdings, Kansai Electric Power, Chugoku Electric Power and Hokuriku Electric Power are some of the utilities being approached
about taking small stakes in the project, as well as Japan Atomic Power. Hitachi is also asking the utilities for technical support.
Japan Atomic Power already plans to support such aspects as operation and maintenance of the U.K. plant with U.S. energy provider Exelon. Tepco and Chubu Electric both operate in Japan boiling water reactors, the same type that will bebbuilt on Anglesey. But winning participation from these companies will not be an easy task. Tepco must raise 16 trillion yen of the 22 trillion yen needed to decommission the Fukushima Dai-ichi nuclear plant and compensate victims of the meltdown. The company has said it will improve profitability to do so, but such efforts are still in the preliminary stages.
https://asia.nikkei.com/Business/Business-Deals/Hitachi-seeks-Japanese-partners-in-building-27bn-UK-nuclear-plant
Powerful earthquake north of Tokyo
Powerful quake jolts Gunma north of Tokyo; no injuries http://www.asahi.com/ajw/articles/AJ201806170031.html, THE ASAHI SHIMBUN, June 17, 2018
A strong earthquake shook the northern part of the Kanto region on the afternoon of June 17, the Meteorological Agency said.
The quake registered a lower 5 on the Japanese seismic intensity scale of 7 in Shibukawa, Gunma Prefecture, when it hit at 3:27 p.m. with a focus 14 kilometers from the ground surface. It originated in southern Gunma Prefecture. No injuries have been reported.
The agency said this is the first time a quake originating in the prefecture and measuring a lower 5 or stronger has been recorded since 1923.
The magnitude of the temblor is estimated at 4.6. No tsunami is expected, according to the agency.
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