World's Biggest Nuclear Plant Edges Closer To Restart [Barron's]
TOKYO ELEC PWR UNSP/ADR (TKECY)
NASDAQ:AMEX Investor Relations:
tepco.co.jp/en/corpinfo/ir/top-e.html
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Source: Barrons
Hideyo Hanazumi, governor of Niigata province where the Kashiwazaki-Kariwa plant is located, told a news conference he "would approve" the resumption, which will need final permission by Japan's nuclear regulator. Advertisement - Scroll to Continue The plant was taken offline when Japan pulled the plug on nuclear power after a colossal earthquake and tsunami sent three reactors at the Fukushima atomic plant into meltdown in 2011. However, the resource-poor nation now wants to revive atomic energy to reduce its heavy dependence on fossil fuels, achieve carbon neutrality by 2050 and meet growing energy needs from artificial intelligence. Fourteen reactors, mostly in western and southern regions, have resumed operation since the post-Fukushima shutdown after strict safety standards were imposed. The 400-hectare (1,000-acre) Kashiwazaki-Kariwa plant on the Sea of Japan coast facing the Korean peninsula would be the first restart for Fukushima operator Tepco since the disaster.
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