Closing down of Fukushima nuclear power plant has skyrocketed to US$75 billion
Oil Price 30th March 2018, The decommissioning of the Fukushima nuclear power plant will cost an
annual US$2 billion (220 billion yen) until 2021, an unnamed source told
the Japan Times. Half of the money will be used to tackle the radioactive
water buildup at the site of the plant and for removing radioactive fuel
from the fuel pools. A small amount of funds will be used to research ways
of retreating melted fuel from the reactors that got damaged during the
2011 tsunami disaster.
The US$6 billion for the three years is only part of
the total estimated cost for taking Fukushima out of operation. The total
decommissioning tally came in at US$75 billion (8 trillion yen), as
estimated by the specially set up Nuclear Damage Compensation and
Decommissioning Facilitation Corp (NDF).
That’s four times more than the initial estimate of the costs around the NPP’s decommissioning. Now theoperator of Fukushima, Tepco, and the NDF are due to submit their financial plan for the facility to the government for approval by the energy industry
minister. In addition to the US$6 billion allocated for the cleanup, Tepco
will spend another US$1.88 billion (200 billion yen) on preparing to start
extracting the melted fuel from the three damaged reactors. This seems to
be the biggest challenge for the cleanup efforts because of the still high
radiation levels as well as technical difficulties. https://oilprice.com/Latest-Energy-News/World-News/Total-Tally-For-Fukushima-Decommission-Is-75-Billion.html
China expanding its nuclear marketing overseas, with the help of Bill Gates
Chinese nuclear giant continues to expand overseas cooperation, 2018-03-03 Editor: Xiang Bo BEIJING, March 3 (Xinhua) — China National Nuclear Corporation (CNNC), one of the country’s two leading nuclear power companies, is stepping up its overseas cooperation, the chairperson said Saturday.
Progress is being made in cooperation with CNNC’s local partners in countries like Pakistan, Argentina, Saudi Arabia, Ghana and the United States, CNNC chairperson Wang Shoujun said on the sidelines of the annual session of the country’s top political advisory body…….
Last year, the CNNC signed a joint venture agreement with TerraPower, LLC to form the Global Innovation Nuclear Energy Technology Co., Ltd. to work together on the Travelling Wave Reactor technology, marking a new stage in China-U.S. nuclear cooperation, Wang added. ……http://www.xinhuanet.com/english/2018-03/03/c_137013831.htm
USA Commerce Department sanctioned seven Pakistani companies – alleges links to nuclear trade
Axios 29th March 2018, The Commerce Department this week sanctioned seven Pakistani companies for
alleged links to nuclear trade. Their place on an “Entity List”
requires them to obtain special licenses to do business with the U.S. This
move follows other U.S. penalties against Pakistan, including a successful
push to put Pakistan on a “gray list” of countries not doing enough to
stem terrorist financing and a freeze on all U.S. security assistance to
Pakistan.
But Commerce’s action should not be seen as part of the
existing campaign to pressure Pakistan to crack down harder on terrorists.
Why it matters: Commerce’s move does underscore Washington’s concerns
about Pakistan’s nuclear proliferation record — even as nuclear
watchdog groups cite improvements in Pakistan’s nuclear security.
https://www.axios.com/nuclear-security-worries-drive-latest-us-penalties-on-pakistan-1522259525-d5bea2f2-a2aa-47e6-a5e8-b376e8e3853a.html
Toshiba to own Nuclear Fuel Industries, join Hitachi Ltd. and Mitsubishi Heavy Industries ?
Japan News 31st March 2018, Toshiba Corp. said Friday that it will take full control of Nuclear Fuel
Industries Ltd., a Japanese nuclear fuel supplier, by the end of June.
Toshiba, which last October agreed to acquire 52 percent of Nuclear Fuel
Industries from Westinghouse Electric Co., newly signed agreements to
purchase the remaining stake from Sumitomo Electric Industries Ltd. and
Furukawa Electric Co.
Sumitomo Electric and Furukawa Electric own 24
percent each of Nuclear Fuel Industries. Toshiba’s move to fully own
Nuclear Fuel Industries is expected to help accelerate its talks with
Hitachi Ltd. and Mitsubishi Heavy Industries Ltd. on integrating their
respective nuclear fuel operations in Japan.
Nuclear fuel suppliers owned by Japanese nuclear plant makers have been struggling with sluggish demand
as many nuclear plants in the country remain suspended. Toshiba, Hitachi
and Mitsubishi Heavy previously aimed to merge their domestic nuclear fuel
operations in spring last year, but the talks have been stalled due to
Toshiba’s financial crisis. http://the-japan-news.com/news/article/0004340845
Nuclear colonialism: nuclear nations keen to sell uneconomic nuclear power – e.g South Korea to United Arab Emirates
Arab world’s first nuclear reactor completed in UAE, in cooperation with South Korea, Arab Weekly 1 April 18 LONDON – Construction of the Arab world’s first commercial nuclear reactor has been completed in the United Arab Emirates. The plant is part of the country’s long-term strategy to decrease its reliance on fossil fuels.
The Barakah nuclear power plant, in western Abu Dhabi, is a joint project between the UAE’s Emirates Nuclear Energy Corporation (ENEC) and South Korea’s Korea Electric Power Corporation (KEPCO).
UAE Crown Prince Sheikh Mohammed bin Zayed al-Nahyan toured the $20 billion facility with South Korean President Moon Jae-in and announced on March 26 the completion of the construction“This is a historic moment in our nation’s development as we celebrate the construction completion of Unit 1 of the Barakah nuclear energy plant,” Sheikh Mohammed said……
Emirati officials said Barakah was the world’s largest single nuclear project. ……https://thearabweekly.com/arab-worlds-first-nuclear-reactor-completed-uae-cooperation-south-korea
Kim Jong Un’s complete turnaround in tactics: will it result in peace, or not?
But together, the Kim-Moon meeting serves more as a prelude to the Trump-Kim summit. And if those talks fail, Harry Kazianis, an Asia security expert at the Center for the National Interest think tank, thinks the chances of war might increase.
“We are putting all of our eggs in the summit basket,” he told me. “This is the ultimate Hail Mary.”
The North Korea nuclear standoff: how we went from “fire and fury” to talks in under a year Vox, “North Korea has 100 percent changed its tactics.” By
Increased activity at North Korean nuclear site
Renewed activity at North Korean nuclear site sparks fears, UNNERVING satellite images of a North Korean nuclear site suggest that Kim Jong-un may be expanding his nuclear program. Eric Talmadge, news.com.au APMARCH 29, 2018
INCREASED activity at a North Korean nuclear site has once again caught the attention of analysts and renewed concerns about the complexities of denuclearisation talks.
The satallite imagery, taken last month, were released as United States President Donald Trump prepares for a summit with Kim Jong-un in the coming weeks.
Yesterday, Xinhua News revealed that during a secret visit to China, Mr Kim had told Chinese President Xi Jinping that he was ready for talks with the US about nuclear weapons, promising to give up his nuclear arsenal.
But observers believe these images suggest the North has begun preliminary testing of an experimental light water reactor and possibly brought another reactor online at its Yongbyon Nuclear Research Centre.
Both could be used to produce the fissile materials needed for nuclear bombs.
The findings come at a particularly sensitive time.
Trump and Kim are planning to meet by May, according to officials, and denuclearisation will likely be the biggest topic on their agenda if they do meet………..http://www.news.com.au/world/asia/renewed-activity-at-north-korean-nuclear-site-sparks-fears/news-story/d0f03838c7d7460b5ccda2288975d54b
At Social Book Café Hachidorisha in Hiroshima – hibakusha continue to give testimony about the nuclear bombing
Where Nuclear Survivors Tell Their Stories, Japan Forward, Blog, In My Part of Japan March 29, 2018
China’s progress in nuclear power is not as sure as it used to be
Is China losing interest in nuclear power? China Dialogue Feng Hao 19.03.2018 Slowing demand for 
electricity and competition from renewables have halted new reactor approvals.Globally, the outlook for new, large nuclear reactors is gloomy, according to the International Energy Agency’s (IEA) World Energy Outlook. A lot of countries have backed away from nuclear power in recent years due to concerns over public safety, cost and the complex challenge of getting plants built.
This year, five reactors are expected to come online in China, with the IEA predicting that by 2030 the country will overtake the United States as the world’s biggest generator of nuclear power.
Pushing nuclear
Increasingly, China’s decision to move ahead with new nuclear seems at odds with other countries that are abandoning the technology in favour of other low carbon options, such as wind and solar.
Xu Jiangfeng is a researcher at the Planning Research Centre of the China National Offshore Oil Corporation’s Research Institute. He told chinadialogue that the government’s concern with energy security has resulted in a diverse mix of energy resources and technologies being pursued, including nuclear……….
Policymakers may cite various strategic reasons for backing nuclear power but there is a question mark hanging over the sector’s future growth.
China has 20 gigawatts of nuclear power capacity under construction but plans for additional capacity are being delayed. A 2020 target of 58 gigawatts of installed nuclear capacity now looks out of reach.
The National Energy Administration did not approve any new nuclear plants between 2016 and 2017. In 2017, only three new reactors started operating.
Reasons for the shift, according to Shi, include mixed attitudes towards new nuclear power within government, and the over-supply that’s affecting China’s power generation sector.
As China’s economic growth has eased, so too has the growth in electricity demand. In 2015, electricity consumption rose just 0.5%, the lowest in 40 years.
“Work out supply and demand and you can see that the market is unable to absorb any more nuclear power,” Kang Junjie, chief engineer with Dongdian Wanwei Technology (Beijing) told chinadialogue.
This leaves little room for expansion of electricity generation, meaning fierce competition between nuclear, solar, wind and hydropower. Globally, solar and wind are replacing nuclear power as the first choice for new power generation. This is true in China, too.
Cost is a key factor: the earlier nuclear power plants are now in the mid-to-late stages of their lifecycle, with operational and maintenance costs rising, according to Kang Junjie. Meanwhile, renewables are in the ascendant, with costs continuing to fall.
Analysis by Bloomberg New Energy Finance predicts that the cost of power from China’s onshore wind and solar will drop below that of coal in 2019 and 2021, respectively, suggesting that the cost advantage of nuclear power over renewables will only last a few more years…………. https://www.chinadialogue.net/article/show/single/en/10506-Is-China-losing-interest-in-nuclear-power-?mc_cid=e08503abda&mc_eid=da6e209b80
How America could come to terms with a nuclear-armed North Korea

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The Strategic Wisdom of Accommodating North Korea’s Nuclear Status
What if Washington came to terms with a nuclear North Korea but remained on the peninsula? The Diplomat , By Graham W. Jenkins, March 28, 2018
Another aging nuclear reactor in western Japan to be scrapped
Reactor at Saga’s Genkai nuclear plant back online after seven-year hiatus



4 firms on International Campaign to Abolish Nuclear Weapons list now ban nuclear arms investment
4 firms on ICAN list ban nuclear arms investment https://www3.nhk.or.jp/nhkworld/en/news/20180324_11/ NHK has learned that at least 4 Japanese financial institutions listed by a nuclear-weapons watchdog as investing in firms involved in the production of nuclear weapons have internal policies forbidding such ties.
The International Campaign to Abolish Nuclear Weapons, or ICAN, says 329 banks and asset management firms in 24 countries and regions invested in companies involved in nuclear weapons production over a 3-year period starting in 2014.
NHK contacted 7 Japan-based banks and other institutions listed by the Nobel Peace Prize-winning group. Asked about ICAN’s findings, 3 of the firms said they do not currently deal with such companies. Four institutions did not reply.
At least 4 said their internal regulations restrict them from investing or providing loans to businesses related to nuclear weapons production.
ICAN says 30 non-Japanese companies have suspended such investments following the adoption last year of the UN Treaty on the Prohibition of Nuclear Weapons.
Yuki Tanabe, an official at the Japan Center for a Sustainable Environment and Society, says banks and other institutions could be accused of lacking social responsibility by doing business with such companies — even when they have no direct deals with them, or have policies against such investments.
TEPCO in the dark about conditions inside shattered Fukushima nuclear reactors: they will now try aerial drones
World Nuclear News 22nd March 2018,Unmanned aerial system technology is being developed to fly into the containment vessels of the damaged reactors at the Fukushima Daiichi nuclear power plant in Japan to assess their condition.
Tokyo Electric Power Company contracted the Southwest Research Institute (SwRI) of the USA
to carry out the work. The greatest challenge in decommissioning the plant will be removing the fuel debris from the three reactors that suffered meltdowns in the March 2011 accident.
However, radiation levels in those reactor buildings remain too high for workers to enter. Therefore remotely
operated equipment, such as robots, is needed to carry out investigations and tasks within those areas. A number of ground- and underwater-based robotic systems have already been sent inside the containment vessels of
units 1, 2 and 3.
However, damage and high radiation levels have limited access to information vital to decontamination and decommissioning efforts. http://www.world-nuclear-news.org/RS-Drones-to-venture-into-Fukushima-containment-vessels-2203184.html
Radioactive Cesium 134 from Fukushima nuclear disaster – found in British Columbia, Canada
Vancouver Sun 12th March 2018, A radioactive metal from the Fukushima nuclear plant disaster in Japan has
been discovered in the Fraser Valley, causing researchers to raise the
alarm about the long-term impact of radiation on B.C.’s west coast.
Examination of a soil sample from Kilby Provincial Park, near Agassiz, has
for the first time in this province found Cesium 134, further evidence of
Fukushima radioactivity being transported to Canada by air and water.
http://www.vancouversun.com/news/Toxic+waters+Nuclear+radiation+found+pose+health+concerns/9606269/story.html
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