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North Korea might send Kim Jong-un’s sister to USA for diplomatic talks on the nuclear crisis

Kim Jong-un’s sister could be sent to US to launch talks on ending nuclear crisis, South Korean envoy Chung Eui-yong is to deliver an ‘unconventional’ and ‘very unusual’ message to US National Security Adviser H.R. McMaster this week, the Post has learned SCMP,  Robert Delaney, US correspondent, 08 March, 2018  North Korean leader Kim Jong-un may propose sending his sister, Kim Yo-jong, to the US as part of efforts to launch direct talks between Washington and Pyongyang, according to a South Korean diplomatic source.

That may be one of a number of possible messages South Korean envoy Chung Eui-yong will deliver to US National Security Adviser H.R. McMaster in Washington this week, the source told the South China Morning Post, speaking on the condition of anonymity.
……… Kim Yo-jong, the North Korean leader’s younger sister, spearheaded a charm offensive from Pyongyang when she attended the start of the Winter Olympic Games in Pyeongchang, South Korea last month, and invited South Korea’s President Moon Jae-in to visit Pyongyang.

Kim Yo-jong was the first member of the North’s ruling dynasty to visit South Korea.

The younger Kim’s presence in Pyeongchang laid the groundwork for visits by two South Korean government delegations to Pyongyang after the Games ended.

What has followed represents a reversal from the militaristic threats Kim Jong-un and US President Donald Trump lobbed at each other – Kim via North Korea’s state media and Trump via Twitter – throughout the second half of last year………

The message Chung and Suh are bringing from Pyongyang is likely to include a freeze or moratorium on the country’s nuclear weapons development programme in exchange for a downgraded or scaled-back version of joint US-South Korea military exercises, Korea Society senior director Stephen Noerper said in an interview.

“It’s a different tack for North Korea to go through South Korea,” Noerper said. “There could be an attempt to try to drive a wedge between the US and South Korea by saying ‘look, here’s all we’re offering and the Americans just aren’t listening’.

……… Other items in the six-point plan agreed upon during Chung’s most recent visit to Pyongyang include an assertion by the North Korean government that “it will not resume strategy of provocations such as additional nuclear and missile tests while conversation is ongoing”. http://www.scmp.com/news/asia/article/2136217/kim-jong-uns-sister-could-be-sent-us-launch-talks-ending-nuclear-crisis

March 9, 2018 Posted by | North Korea, politics international | Leave a comment

Falsified data on analyses of burying radioactive waste  – Kobe Steel again

https://mainichi.jp/english/articles/20180307/p2a/00m/0na/017000c (Mainichi Japan) Sixteen pieces of data relating to the underground disposal of highly radioactive waste generated by nuclear reactors, which scandal-hit Kobe Steel Ltd. and a subsidiary analyzed at the request of the Japan Atomic Energy Agency (JAEA), were falsified, forged or flawed in other ways, the nuclear research organization said.

The government-affiliated JAEA, which commissioned Kobe Steel and its subsidiary Kobelco Research Institute Inc. to analyze data on the impact of burying highly radioactive waste deep underground, has demanded that the steelmaker redo the work.

Kobe Steel expressed regret over the matter. “We’ll do our best to prevent a recurrence,” said a company official.

According to the JAEA, the data in question includes that on the corrosion of metal used for cladding tubes and containers for spent nuclear fuel. Between fiscal 2012 and 2016, the Nuclear Regulation Authority and the Ministry of Economy, Trade and Industry (METI) commissioned the JAEA to conduct the analyses, and the agency farmed out the work to the steelmaker and its subsidiary.

JAEA officials said most of the data was not accompanied by records of experiments conducted in the analyses, or had intentionally been altered.

According to METI’s Agency for Natural Resources and Energy and other sources, the report detailing the results of the analyses will be partially corrected following the discovery of the data falsification.

March 9, 2018 Posted by | Japan, secrets,lies and civil liberties | Leave a comment

Protest: President Macron should not impose a problematic French EPR reactor on India

Counterview 6th March 2018, French president Emmanuel Macron should not be imposing the “untested,
expensive and technically troubled” French EPR reactor on India, say two
international groups, India-based DiaNuke and US-based Beyond Nuclear,
campaigning against nuclear power in India and across the world.

The French-supported Jaitapur Nuclear Power Project of the Nuclear Power
Corporation of India has been proposed at Madban village of Ratnagiri
district in Maharashtra.

The two well-known non-profit organizations’ statement comes amidst plans to hold a massive protest, with the
participation of 5,000 people of the villages surrounding the Jaitapur
site, on the eve of Macron’s visit on March 11. The Jaitapur EPR project
would be the biggest nuclear power plant site in the world if built,
producing 9,900 MW of electricity.   https://www.counterview.net/2018/03/anti-nuclear-protest-to-greet-french.html

March 9, 2018 Posted by | India, opposition to nuclear | Leave a comment

Kim Jong Un promises not to use nuclear weapons against Seoul after high-level talks

JUST when the world thought they had him pegged, Kim Jong Un has stunned with an apparent about face on nuclear weapons. News.com.au   Victoria Craw@Victoria_Craw   7 Mar 18NORTH Korea has vowed not to use nuclear weapons against South Korea and could impose a ban on further nuclear and missile tests during talks with the US, South Korean media reports.

The stunning about face followed the first meeting between North Korean leader Kim Jong Un and South Korean officials since 2011.

It led to claims Kim Jong Un would not use conventional weapons against South Korea and had no reason to possesses nuclear weapons if it has a security guarantee.

The leaders also agreed to establish a “hotline” between the countries to reduce military tensions and will meet for another summit in late April at the border village of Panmunjom.

President Trump weighed in on the news on Twitter, saying “the US is ready to go hard in either direction”.

The surprising series of apparent concessions came after Kim Jong Un and top officials dined with South Korean leaders face-to-face in their first meeting in seven years.

The North Korean leader was joined by his wife Ri Sol-Ju and sister Kim Yo-jong, for the four hour session designed to advance inter-Korean relations.

South Korean security adviser, Chung Eui-yong told local media after the two-day talks in Pyongyang that North Korea committed to denuclearising the Korean peninsula.

“The North side clearly affirmed its commitment to the denuclearisation of the Korean Peninsula and said it would have no reason to possess nuclear weapons should the safety of its regime be guaranteed and military threats against North Korea removed,” he said.

He added the North said it would hold “candid” talks with the US on how to reinstate bilateral ties, while agreeing there would be no further tests while talks are in progress…………http://www.news.com.au/finance/work/leaders/kim-jong-un-promises-not-to-use-nuclear-weapons-against-seoul-after-highlevel-talks/news-story/f57c3d72b90d8aea56df8eb944399070

March 7, 2018 Posted by | North Korea, politics international, South Korea | Leave a comment

South Korea hopes to open nuclear talks, sends national security chief to Pyongyang

Seoul sends envoy to North Korea in hope of opening nuclear talks, Telegraph UK , Nicola Smith, taipei 4 MARCH 2018 

South Korea is to send its national security chief to Pyongyang on Monday to discuss how to resume dialogue between the US and North Korea over its nuclear and weapons programme.

President Moon Jae-in announced on Sunday that Chung Eui-yong, head of the National Security Office, and his intelligence chief Suh Hoon, would lead a ten member delegation on a two day trip to the North.

The envoys will deliver a letter from Mr Moon to North Korean leader, Kim Jong-un, although it is still uncertain if they will meet with him personally. It would be the first time for Kim to meet with a South Korean official since he came to power in 2011.

The delegation is expected to hold talks that would pave the way for a possible summit meeting between the leaders of South and North Korea after Kim Jong-un last month invited Mr Moon to visit Pyongyang.

The envoys are “expected to hold talks with North Korea’s high level officials to discuss ways to establish peace on the Korean Peninsula and develop the South-North Korea relationship,” presidential chief press secretary Yoon Young-chan said.

………https://www.telegraph.co.uk/news/2018/03/04/seoul-sends-envoy-north-korea-hope-opening-nuclear-talks/

March 5, 2018 Posted by | politics international, South Korea | Leave a comment

Fukushima Prefecture aims comforting propaganda about (non) radioactive food to youth market overseas

Fukushima makes anime to counter harmful rumors  https://www3.nhk.or.jp/nhkworld/en/news/20180228_28/Japan’s Fukushima Prefecture has produced animated films stressing the safety of its agricultural and fishery products to dispel overseas rumors about radioactive contamination from the 2011 nuclear accident.

The prefecture has been trying to expand the international markets for its farm produce and seafood. The main challenge is to refute the negative rumors that have persisted since the nuclear accident.

The 5 “anime” films, each lasting about 4 minutes, are aimed at promoting the safety and quality of local peaches, rice, beef and other items.

In the films, high school girls play the roles of the food items and work hard together to improve their taste.

The prefectural government also plans to make available English, Chinese, Spanish and French versions, which will be shown for the first time at an event in Hong Kong in March.

These versions will also be posted on the Internet.

A prefectural official says the films represent the aspirations of food producers in Fukushima and will convey the safety of their products on an affable note, mainly to younger generations abroad.

March 3, 2018 Posted by | Fukushima continuing | Leave a comment

Japan’s Mitsubishi joins French nuclear firm Orano (AREVA’s attempt at resuscitation of its business)

Japan’s Mitsubishi acquires 5% stake in French nuclear power firm Orano for $306m,  Deal Street Asia, Mars Woo February 28, 2018 Tokyo-headquartered Mitsubishi Heavy Industries (MHI) has completed its acquisition of a 5 per cent interest in Orano, a French multinational group specialising in nuclear power and renewable energy, for €250 million ($306 million).

In a statement on Wednesday, MHI said the completion of the investment, which was agreed upon in March 2017, would enhance technological and business cooperation between the two companies and strengthen global value chain for nuclear energy…….
Orano primarily focuses on the fuel cycle business, including uranium mining, enrichment, and conversion and processing of spent fuel. MHI had in 1991, partnered with Areva, now an Orano subsidiary, to form a joint venture in the fuel cycle business for the manufacture and sale of a full range of reprocessing equipment. The company said it aims to play an important role in forging stronger links between the Japanese and French nuclear energy industries, as confirmed by the two countries’ governments in October 2015.
The company said it aims to play an important role in forging stronger links between the Japanese and French nuclear energy industries, as confirmed by the two countries’ governments in October 2015. “By strengthening the relationship between manufacturers in Japan and France, every effort will be made to expand and improve structurally as a comprehensive manufacturer capable of supporting the global nuclear power generation business in all aspects; from production of nuclear fuel to plant design, construction and maintenance, and reprocessing of spent fuel,” MHI said in a statement.
https://www.dealstreetasia.com/stories/japans-mitsubishi-acquires-5-stake-french-nuclear-power-firm-orano-306m-93291/

March 3, 2018 Posted by | business and costs, France, Japan, politics international | Leave a comment

China to develop its first nuclear-powered aircraft carrier

Defense News, Mike Yeo , 2 Mar 18  MELBOURNE, Australia — One of China’s largest shipbuilders has revealed plans to speed up the development of China’s first nuclear-powered aircraft carrier, as part of China’s ambition to transform its navy into a blue-water force by the middle of the next decade.

March 2, 2018 Posted by | China, weapons and war | Leave a comment

Environmental impact of Fukushima nuclear disaster more long-lasting than expected

Bags of radioactive waste during radioactive decontamination process after the daiichi nuclear power plant irradiation, Fukushima prefecture, Iitate, Japan

New evidence of nuclear fuel releases found at Fukushima https://www.sciencedaily.com/releases/2018/02/180228092241.htm, February 28, 2018  Manchester University

Summary:
Uranium and other radioactive materials, such as caesium and technetium, have been found in tiny particles released from the damaged Fukushima Daiichi nuclear reactors.

This could mean the environmental impact from the fallout may last much longer than previously expected according to a new study by a team of international researchers, including scientists from The University of Manchester.

The team says that, for the first time, the fallout of Fukushima Daiichi nuclear reactor fuel debris into the surrounding environment has been “explicitly revealed” by the study.

The scientists have been looking at extremely small pieces of debris, known as micro-particles, which were released into the environment during the initial disaster in 2011. The researchers discovered uranium from nuclear fuel embedded in or associated with caesium-rich micro particles that were emitted from the plant’s reactors during the meltdowns. The particles found measure just five micrometres or less; approximately 20 times smaller than the width of a human hair. The size of the particles means humans could inhale them.

The reactor debris fragments were found inside the nuclear exclusion zone, in paddy soils and at an abandoned aquaculture centre, located several kilometres from the nuclear plant.

It was previously thought that only volatile, gaseous radionuclides such as caesium and iodine were released from the damaged reactors. Now it is becoming clear that small, solid particles were also emitted, and that some of these particles contain very long-lived radionuclides; for example, uranium has a half-life of billions of years.

Dr Gareth Law, Senior Lecturer in Analytical Radiochemistry at the University of Manchester and an author on the paper, says: “Our research strongly suggests there is a need for further detailed investigation on Fukushima fuel debris, inside, and potentially outside the nuclear exclusion zone. Whilst it is extremely difficult to get samples from such an inhospitable environment, further work will enhance our understanding of the long-term behaviour of the fuel debris nano-particles and their impact.”

The Tokyo Electric Power Company (TEPCO) is currently responsible for the clean-up and decommissioning process at the Fukushima Daiichi site and in the surrounding exclusion zone. Dr Satoshi Utsunomiya, Associate Professor at Kyushu University (Japan) led the study.

He added: “Having better knowledge of the released microparticles is also vitally important as it provides much needed data on the status of the melted nuclear fuels in the damaged reactors. This will provide extremely useful information for TEPCO’s decommissioning strategy.”

At present, chemical data on the fuel debris located within the damaged nuclear reactors is impossible to get due to the high levels of radiation. The microparticles found by the international team of researchers will provide vital clues on the decommissioning challenges that lie ahead.

March 2, 2018 Posted by | environment, Fukushima continuing | Leave a comment

Debris in Fukushima nuclear reactor 2 – it “fell out of reactor”

Tepco spots Fukushima fuel debris in reactor 2, says fuel rod assembly ‘fell out of reactor’ https://www.japantimes.co.jp/news/2018/01/20/national/tepco-spots-fukushima-fuel-debris-reactor-2-says-fuel-rod-assembly-fell-reactor/#.WpiA_h1ubGh, BY KAZUAKI NAGATA STAFF WRITER

Tokyo Electric on Friday said it had spotted what is almost certainly fuel debris in reactor 2 at the Fukushima No. 1 plant that shows its fuel assembly likely dropped through the pressure vessel.

While Tokyo Electric Power Company Holdings Inc. got a peek at lava-like objects that looked like melted fuel in reactor 3 last year, this is the first time it has located similar debris in reactor 2.

Tepco inserted a 13-meter pipe-shaped device with two cameras on its tip into a 12-cm utility hole in the primary containment vessel to capture images of the area directly beneath the pressure vessel, which holds the core.

One camera spotted a handle for the fuel rod assembly lying at the bottom of the PCV, surrounded by sediment.

This means “there must have been a hole big enough to let the fuel rod assembly fall out of the reactor, so we are almost certain that the sediment around it is fuel debris,” Tepco spokesman Takahiro Kimoto explained at a news conference at the utility’s headquarters in Chiyoda Ward.

Kimoto also said the image shows pebble-like objects that look similar to the fuel debris witnessed at the Three Mile Island facility in Pennsylvania after its partial core meltdown in 1979.

The fuel melted after the mega-quake and tsunami of March 11, 2011, knocked out all power to the Fukushima No. 1 plant, crippling its vital cooling systems.

As a result, some of reactor 2’s fuel rods apparently melted and penetrated the bottom of the 20-cm-thick pressure vessel before dropping to the bottom of the PCV.

Locating the fuel debris is crucial to decommissioning the crippled plant, which is expected to take more than three decades. Tepco plans to decide on a plan for removing the fuel in fiscal 2019.

This is the first internal probe of reactor 2’s primary containment vessel since February last year, when it inserted a rod about 10 meters long to capture images of the interior.

At that time, Tepco found some black sediment stuck to the steel grating beneath the pressure vessel but could not tell what it was.

Last July, the utility sent a robot inside reactor 3’s PCV, where it found what was believed to be melted fuel debris.

March 2, 2018 Posted by | Fukushima continuing | Leave a comment

Russia sucking India, Bangladesh, into its nuclear marketing empire

India, Russia, Bangladesh sign tripartite pact for civil nuclear cooperation, By Dipanjan Roy Chaudhury, ET Bureau| Mar 01, 2018,  NEW DELHI: In a landmark development India for the first time signed a tripartite agreement on Thursday with foreing partners — Russia & Bangladesh — for civil nuclear cooperation.

Nuclear Power Cooperation of India Limited (NPCIL) will play a key role in building a nuclear power plant on foreign soil with the proposed supply of equipment and material for the power station being built by Russia in Bangladesh. India is also extending support for capacity building and has been training Bangladeshi nuclear scientists for the project.

The agreement was signed in Moscow on Thursday by Deputy Director General of Rosatom (Russia’s Alex civil nuclear body) Nikolay Spassky, Ambassador of Bangladesh in Russia S.M. Saiful Hoque and Indian Ambassador to Russia Pankaj Saran.

Rosatom is constructing nuclear power plant in Bangladesh on a turnkey contract basis. The scope of work includes design, production and supply of equipment, construction, installation, pre-commissioning and commissioning, according to Rosatom officials.

India, having experience in building its nuclear power stations and operating the Kudankulam Plant, built with Russian assistance, showed interest in participating in a Russian project in Bangladesh.  The Memorandum set a framework for the interaction of the Russian Contractor, Indian and Bangladeshi experts in the implementation of the project. ……..https://economictimes.indiatimes.com/news/defence/india-russia-bangladesh-sign-tripartite-pact-for-civil-nuclear-cooperation/articleshow/63127669

March 2, 2018 Posted by | India, marketing, Russia | Leave a comment

 South Korea Urges US Support for North Korea Nuclear Talks

Voice of America, Brian Padden
South Korean President Moon Jae-in is continuing efforts to broker talks between the U.S. and North Korea to reduce tensions over the North’s nuclear program, despite facing reluctance from Washington and Pyongyang, and increasing concerns at home.On Monday, North Korea expressed a willingness for talks with the United States, but did not clarify whether Pyongyang is prepared to address halting and eventually dismantling its threatening nuclear program. The support for dialogue came from Kim Yong Chol, the controversial head of the visiting North Korean delegation to the PyeongChang Olympics closing ceremony. Kim has been accused of orchestrating a North Korean torpedo attack on a South Korean warship in 2010 that killed 46 sailors.

U.S. President Donald Trump responded to the North’s sudden openness to dialogue with skepticism on Monday, saying, ” We’ll see what happens” and that the “right conditions” must first be in place before talks can proceed.

South Korea’s Foreign Ministry on Tuesday said it is working to address Washington’s concerns.

“Our government will continue to make efforts to persuade North Korea to respond promptly to the U.S., North Korea dialogue, while at the same time closely communicating and consulting with the U.S. on the future direction of North Korea’s nuclear diplomacy,” said Foreign Affairs Ministry spokesman Noh Kyu-duk.

Conflicting strategies

While North Korea now says it is willing to talk, its defiant rhetoric, and the numerous missile launches and two nuclear tests conducted in the last year, indicate a more threatening posture. Kim Jong Un responded to increasing international sanctions by declaring his country a nuclear weapons state, and set upon developing an operational intercontinental ballistic missile capability to target the U.S. mainland.

The Trump administration responded with a “maximum pressure” campaign, imposing economic sanctions, along with an emphasis on the threat of military action, if necessary, to force the Kim government to give up its nuclear program.

Last week the President issued new unilateral sanctions on companies and vessels linked to North Korean shipping trade to further restrict Pyongyang’s ability to bypass sanctions, by obtaining oil and selling coal, using ship to ship transfers.

Trump’s insistence that conditions first be met before talks can proceed supports his “maximum pressure” approach, but it also seemed to pull back from the position voiced by Vice President Mike Pence after he visited South Korea to lead the U.S. Olympic delegation for the opening ceremony. Pence said the U.S. would be open to exploratory talks without conditions, while maintaining sanctions pressure.

The mixed messages coming out of Washington may suggest that Trump has not been entirely supportive of President Moon’s very assertive diplomatic outreach to engage North Korea during the Olympics.

“I think the United States government was not completely happy with the degree to which the U.S. government was consulted or not consulted before the South Koreans invited in the North Korean officials and athletes into the games,” said Denny Roy, an Asia Pacific security expert with the East-West Center in Honolulu. ……https://www.voanews.com/a/south-korea-urges-us-support-for-north-korea-nuclear-talks/4272234.html

February 28, 2018 Posted by | politics international, South Korea | Leave a comment

India’s State-owned nuclear power corporation plans new nuclear units, without nuclear waste facilities set up

NPCIL’s stand on spent fuel riles environmentalists The Hindu, T.K. Rohit, FEBRUARY 27, 2018 

‘Asking Supreme Court to grant 5 more years to build ‘Away From Reactor’ facility for Kudankulam plants testifies to lack of technical knowhow’

The Nuclear Power Corporation of India Ltd (NPCIL) has sought another five years’ time from the Supreme Court to set up an ‘Away From Reactor’ (AFR) facility to store the spent nuclear fuel from the operations of Kudankulam units 1 & 2.

Earlier this month, the NPCIL filed an application before the Supreme Court after it failed to meet the five-year time given by court to set up the AFR in its judgment of May 2013. The deadline ends in May 2018.

The State-owned nuclear power corporation submitted in its affidavit that setting up the AFR for the two units “is a challenging task on account of no previous experience with long-term storage requirements of high burn-up, Russian-type PWR fuel”.

As these two units were ‘first-of-its-kind’ facilities, there is a need for considerable intensive interaction with the Atomic Energy Regulatory Board, Bhabha Atomic Research Centre and Russian specialists for technical conceptualisation and detailing of the facility, the NPCIL said.

In May 2013, the Supreme Court gave the go-ahead to the Kudankulam plant to begin operations, rejecting a challenge to it based on environmental concerns and safety.

Petitioner surprised

The petitioner in that case, G. Sundarrajan of environmental NGO ‘Poovulagin Nanbargal’, expressed surprise at the NPCIL’s submission.“How can they continue running the plant and plan to set up two more units without having the technical knowhow to store the spent fuel?” he asked. The application is likely to come up for hearing in due course http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/npcils-stand-on-spent-fuel-riles-environmentalists/article22861709.ece

February 28, 2018 Posted by | India, wastes | Leave a comment

Moon Jae-in, the South Korean president, has called on the US to “lower the bar” for discussions with North Korea

US urged to ‘lower bar’ on nuclear demands for North talks Independent ie, Julian Ryall, February 27 2018 Moon Jae-in, the South Korean president, has called on the US to “lower the bar” for discussions with North Korea, suggesting Washington should drop its insistence that Pyongyang’s nuclear arsenal must be part of any future talks.

The intervention comes as North Korea is rumoured to be warming to direct talks with the US.

However, Pyongyang has consistently stated that its atomic weapons are its security guarantee and, therefore, not open to debate.

Calling on the US to soften its stance, Mr Moon also said Pyongyang must demonstrate willingness to abolish its nuclear weapons.

Looking to build on the positive momentum generated by the South’s hosting of the Winter Olympic Games, which closed on Sunday, Mr Moon used a meeting with Liu Yandong, the Chinese vice premier, to suggest that the key protagonists should both make concessions.

“The United States needs to lower its bar for dialogue and the North, too, must show its willingness to denuclearise,” Mr Moon said, according to a government spokesman…..https://www.independent.ie/world-news/asia-pacific/us-urged-to-lower-bar-on-nuclear-demands-for-north-talks-36647757.html

 

February 28, 2018 Posted by | politics international, South Korea | Leave a comment

Tepco sets sights on global expansion

26 February 2018
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Japan’s Tokyo Electric Power Company (Tepco) aims to become an innovative global energy and technology company, according to its president, Tomoaki Kobayakawa. He stressed the company will continue providing strong support for the restoration of Fukushima.
Tepco is Japan’s largest power company, supplying energy to the greater Kanto area, including the country’s two biggest cities, Tokyo and Yokohama. As well as the damaged Fukushima Daiichi plant, Tepco also owns the Fukushima Daini and Kashiwazaki-Kariwa nuclear power plants.
Speaking at a press conference held on 16 February at the Federation of Electric Power Companies of Japan, Kobayakawa said Tepco faces challenges posed by the deregulation of Japan’s energy markets, the country’s declining population, and the need to continue clean-up work in Fukushima Prefecture.
Tepco will continue its transformation from a local utility into an innovative global energy and technology company, partnering with other leaders around the world, Kobayakawa said.
Tepco aims to increase its revenue by JPY500 billion (USD4.7 billion) per year, generating a total of JPY450 billion in profit over the next decade.
Kobayakawa said this would be achieved through streamlining businesses and cost reduction, reorganisation and integration of nuclear power and distribution, as well as forming alliances with partners. Tepco will create businesses in new areas, which will create a value chain from fuel upstream to thermal generation and bundling the sale of electricity and natural gas.
Kobayakawa said Tepco’s parent company – Tepco Holdings – will create a management committee during the coming fiscal year to formulate a detailed plan for achieving its aim.
“Our main mission is guaranteeing the delivery of a stable supply of low-cost electricity to customers,” he said. “Within that mission, nuclear power is not everything. Thermal power, the procurement of renewable energy, and hydropower all play a part.”
“Renewables are an essential component of our future,” Kobayakawa said. “We believe we can scale up our renewables business to create a new source of revenue comparable to JERA.”
JERA is a 50/50 joint venture formed between Tepco and Chubu Electric Power Company in April 2015. The main business areas of JERA are: upstream fuel investments; fuel procurement; fuel transportation; fuel trading; replacement and construction of domestic thermal power plants; overseas power generation and energy infrastructure.
However, Kobayakawa stressed the focus on the future will not come at the expense of Tepco’s obligations to its past. Noting the steady improvement of the situation both inside the damaged Fukushima Daiichi nuclear power plant and in the surrounding area, Kobayakawa affirmed the corporate mission to rebuild communities and restore the trust of the residents, including efforts to support the sale of products from Fukushima Prefecture.
In May 2012, the Japanese government approved amendments to Tepco’s ten-year special business plan which effectively puts it under state control. Under the amendments, the government provided Tepco with JPY1 trillion in state funds in return for a 51% stake in the company.
In 2014, Tepco was reorganised into two main sections: a power generation business and a separate division dedicated to decommissioning the Fukushima Daiichi site.
A further reorganisation followed in April 2016, with Tepco being structured under Tepco Holdings. Its fuel and thermal generation operations were placed in a subsidiary called Tepco Fuel and Power Incorporated; its power transmission and distribution business became Tepco Power Grid Incorporated; and its electricity retail operations became Tepco Energy Partner Incorporated. Its nuclear-related operations remained within the holding company.

February 27, 2018 Posted by | Japan | , | Leave a comment