Abe snubs head of Nobel-winning no-nukes group

ICAN chief calls on Japan to join treaty banning nuclear weapons

Japanese and British taxpayers at risk as their governments commit to $20 billion loan for Wylfa nuclear project
Asahi Shimbin 11th Jan 2018, Japan and Britain have agreed to provide the lion’s share of financing fora nuclear power plant project planned by Hitachi Ltd. on the island of
Anglesey off northwest Wales, sources said.
financial institutions and acquire a stake in Horizon Nuclear Power Ltd., a
British company purchased by Hitachi to operate the plant. The total cost
of the project is estimated at 3 trillion yen.
doing so, they must share the risk if the project suffers a financial loss,
but that tab could eventually be passed on to taxpayers.
http://www.asahi.com/ajw/articles/AJ201801110057.html
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KEPCO studying moving spent nuclear fuel from Fukui to Aomori

Kansai Electric Power Co considers moving spent nuclear fuel to Aomori Prefecture

KEPCO studying moving spent nuclear fuel from Fukui to Aomori http://www.asahi.com/ajw/articles/AJ201801070021.html, THE ASAHI SHIMBUN, January 7, 2018 Kansai Electric Power Co. is considering transferring spent nuclear fuel stored in its three nuclear plants in Fukui Prefecture to an intermediate storage facility in Aomori Prefecture, sources said on Jan. 6.
KEPCO had promised to move the fuel outside the prefecture when the Fukui prefectural government allowed the utility to restart two reactors at its Oi nuclear power plant.
KEPCO President Shigeki Iwane has said that a facility will be secured by the end of 2018 to accept the fuel.
According to the sources, KEPCO is also considering other locations. However, the intermediate storage facility, located in Mutsu in northern Aomori Prefecture, is a promising candidate because it has already been constructed.
However, since consent from local governments is required, KEPCO could face difficulties in transferring the fuel to the facility. At present, KEPCO is storing spent nuclear fuel, which is produced in its Takahama, Oi and Mihama nuclear power plants in Fukui Prefecture, in pools in their compounds. However, about 70 percent of the capacity of those pools have been filled.
If the restarts of the reactors in the plants proceed as expected, the remaining 30 percent will also be filled in about seven years. Therefore, KEPCO is trying to secure an intermediate storage facility to temporarily store the fuel by putting it in metal containers.
The intermediate storage facility in Mutsu was jointly constructed by Tokyo Electric Power Company Holdings Inc. and Japan Atomic Power Co. at a cost of about 100 billion yen ($884.6 million) to store spent nuclear fuel produced by their nuclear plants.
However, acceptance of the fuel from those plants has yet to start because the facility is currently undergoing screenings to see if it is in compliance with new safety standards introduced after the 2011 Fukushima nuclear disaster.
The intermediate storage facility has a capacity of accepting a total of 5,000 tons of spent nuclear fuel.
KEPCO is considering securing storage space there by purchasing part of the shares of a company that will operate the facility
Japanese taxpayers now join in Britain’s scandalous subsidising of the nuclear industry
The profitability of nuclear plant construction has been worsening all over the world
Nevertheless, the government intends to extend all-out support for the project.
Japanese gov’t to guarantee bank loans for Hitachi’s nuclear plant project in Britain https://mainichi.jp/english/articles/20180103/p2a/00m/0na/004000c (Mainichi Japan) The Japanese government is poised to guarantee the full amount of loans that three megabanks will extend for a nuclear plant construction project in Britain by Hitachi Ltd., sources familiar with the project said.
A group of banks, including the three megabanks and the government-affiliated Japa n Bank for International Cooperation (JBIC), will extend approximately 1.5 trillion yen in loans to Hitachi’s atomic power station project.
Of the amount, the government will fully guarantee loans to be extended by the megabanks, while the governmental Development Bank of Japan (DBJ) will support the project by making capital investments. Chubu Electric Power Co. and other utilities are also considering investing in the project.
The state will thus join hands with the private sector in extending all-out support for the project to export a nuclear plant worth some 3 trillion yen.
However, concerns have been raised that if the project were to run into the red, taxpayers could be forced to shoulder the burden.
The project to be covered with loans and investments is an atomic power station that a Hitachi subsidiary in Britain is aiming to build in Anglesey, Britain. The firm hopes to start operations at the plant in the mid-2020s.
Hitachi Ltd. is poised to make a final decision on whether to invest in the project by the end of fiscal 2019. However, Hitachi is consulting with the Japanese and British governments and financial institutions over loans, their guarantees and investment on the grounds that the electronics giant alone cannot take risks.
Japanese financial institutions and the governmental Nippon Export and Investment Insurance (NEXI) offered in December last year to extend financial assistance for the project.
According to the sources, Hitachi estimates the total cost of the project at about 3 trillion yen. Hitachi aims to obtain about 1.5 trillion yen in loans to cover half of the amount while raising another 1.5 trillion yen through investments.
Each of the three megabanks — the Bank of Tokyo-Mitsubishi UFJ, Ltd., Sumitomo Mitsui Banking Corp. and Mizuho Bank, Ltd. — intend to extend loans of more than 100 billion yen, totaling some 500 billion yen. NEXI will guarantee the loans. Hitachi intends to obtain the reminder of the loans from the JBIC and commercial financial institutions in Britain.
The DBJ has notified Hitachi of its intention to make capital investments in the atomic power station project, while Chubu Electric Power and Japan Atomic Power Co. are also considering investing in the venture.
Hitachi has also asked other utilities including Tokyo Electric Power Co. and trading houses to invest in the project in a bid to disperse risks involving the project.
The British government, which is speeding up the construction of nuclear plants, also intends to invest in the project, and Japanese and British Cabinet ministers in charge of energy policy exchanged a memorandum on cooperation in December last year.
The profitability of nuclear plant construction has been worsening all over the world due to an increase in the costs of ensuring safety since the outbreak of the Fukushima nuclear crisis in March 2011, contributing to the financial crisis of Toshiba Corp., another electronics giant.
Nevertheless, the government intends to extend all-out support for the project.
“It’s essential to win a contract on the British project in order to maintain Japan’s nuclear technology,” said a high-ranking official of the Economy, Trade and Industry.
Radioactive debris at Fukushima – a huge challenge to Japanese govt and TEPCO
Challenges ahead for debris removal at Fukushima https://www3.nhk.or.jp/nhkworld/en/news/20180102_05/ This year will mark the 7th anniversary of the nuclear accident at the Fukushima Daiichi plant that occurred in March, 2011. The plant’s operator is hoping to eventually remove fuel debris from the damaged reactors.
Fuel debris is a mixture of melted nuclear fuel and broken reactor parts. Removing the debris is considered to be the biggest hurdle to the decommissioning of the reactors.
Last year, Tokyo Electric Power Company, or TEPCO, investigated the inside of the containment vessels of 3 reactors and confirmed, for the first time, the existence of lumps that are believed to be fuel debris in the No.3 reactor.
TEPCO plans to conduct a fresh probe of the No.2 reactor this month to confirm whether a mass on the floor under the reactor, observed last year, is actually fuel debris.
The government and TEPCO aim to begin removing debris in 2021. They are planning to determine which reactor to start with, and how to conduct the procedure, during fiscal 2019.
Workers will try this year to figure out which details need to be considered in order to make the decision.
Removing the debris requires thorough safety measures. For example, radioactive materials must be prevented from spreading and workers must be protected from exposure to radiation.
This autumn, the operator also plans to start removing spent nuclear fuel rods from the storage pool of the No.3 reactor building.
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Large swaths of Fukushima remain uninhabitable, with cleanup at the plant estimated to take up to 40 years and cost almost $200 billion
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World’s Biggest Nuke Plant Gets a Long-Awaited OK

Local gov’ts of areas hosting nuke plant in Niigata Pref. divided over reactivation

Fears of another Fukushima as Tepco plans to restart world’s biggest nuclear plant



ICAN requesting meeting with Abe

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