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Stock impact report

Japan Set To Restart World's Biggest Nuclear Plant: Reports [Barron's]

TOKYO ELEC PWR UNSP/ADR (TKECY) 
NASDAQ:AMEX Investor Relations: tepco.co.jp/en/corpinfo/ir/top-e.html
Company Research Source: Barrons
The resource-poor country pulled the plug on nuclear power after the 2011 Fukushima disaster, but it wants to revive atomic energy and reduce its dependence on imported fossil fuels. Advertisement - Scroll to Continue The Kashiwazaki-Kariwa nuclear plant is expected to get approval this week from the local governor to resume operations, according to Kyodo News and the Nikkei business daily, citing unnamed sources. Hideyo Hanazumi, governor of central Niigata province, where the plant is located, is expected to hold a news conference on Friday, the reports said. Of the seven reactors at Kashiwazaki-Kariwa, only one will resume functioning. After the 2011 tsunami and meltdown at the Fukushima Daiichi nuclear plant, Japan shut down all of its nuclear reactors, with the public voicing unease about the energy source. Advertisement - Scroll to Continue A total of 14 reactors -- mostly in western and southern regions -- have since resumed operation after strict safety standard Show less Read more
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