Fukushima springs new radioactive water leak

Nearly 80K gallons of highly radioactive water have leaked from the crippled Fukushima Daiichi nuclear plant, the latest black eye for Tepco (TKECF.PK, TKECY.PK), which has struggled to contain contaminated groundwater experts believe is flowing into the sea from the site every day.

Japan is set to raise the severity rating of the leak to level 3, or "serious incident," underlining a deepening sense of crisis at the site.

Revelations of more toxic leaks may raise second-thoughts about Japan's nuclear future but won't halt the long-term global expansion of the industry, uranium (URA, NLR, NUCL) insiders say.

Related Stocks: CCJ, DNN, URS, LTBR, URG, UEC, URRE, USU.

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Comments (8)
  • DeepValueLover
    , contributor
    Comments (11388) | Send Message
    "When there is blood in the streets..."
    21 Aug 2013, 08:27 AM Reply Like
  • Michael Bryant
    , contributor
    Comments (7341) | Send Message
    Yup, it won't halt the global expansion. China and India will still go nuclear.
    21 Aug 2013, 08:57 AM Reply Like
  • Yorick
    , contributor
    Comments (796) | Send Message
    Perhaps we could all agree that putting nuclear plants on fault lines or too near the coast isn't the best idea...let's hope the new plant planners have more sense.
    21 Aug 2013, 09:21 AM Reply Like
  • Philip Marlowe
    , contributor
    Comments (1625) | Send Message
    You have to put nuclear plants next to large bodies of water because they need to suck in large amounts of water for emergency cool downs. Which means nuclear plants will usually be in danger of flooding.
    21 Aug 2013, 01:07 PM Reply Like
  • starboard
    , contributor
    Comments (93) | Send Message
    Out of 100+ nuclear units currently operating in US, only a handful are located with direct ocean exposure. The vast majority are located on rivers and lakes and therefore are not subject to offshore seismic induced tsunami. These units are designed to meet design basis flood conditions which is entirely different than designing for a tsunami. the Fukushima plant is circa 1960 design. new designs like the Westinghouse AP-1000 use passive safety features (no emergency diesel generators are required in the event of total loss of offsite power). At Fukushima the emergency diesel generators were inundated thus totally compromising the emergency cooling systems with subsequent core meltdown and hydrogen explosions.
    21 Aug 2013, 10:58 PM Reply Like
  • Philip Marlowe
    , contributor
    Comments (1625) | Send Message
    Rivers and lakes can also overflow. In fact rivers and lakes tend to pose a higher danger of flooding than oceans. Therefore, my statement "nuclear plants will usually be in danger of flooding" is quite correct.


    People always say that new reactors are better, but we currently have many reactors of the Fukushima type operating now in the US.
    21 Aug 2013, 11:18 PM Reply Like
  • stockmann1
    , contributor
    Comments (2) | Send Message
    The problem with Fukushima wasn't that it was built near the ocean, but that it was a 40 year old plant with the backup generator installed in the basement. Add to that was an earthquake that was the most powerful in Japan's 1,000 year of recorded history.
    21 Aug 2013, 01:49 PM Reply Like
  • Viper740
    , contributor
    Comments (466) | Send Message
    The Fukushima nuclear disaster was entirely man-made, due to poor safety regulations, poor maintenance, and a sloppy, corrupt post-disaster response (continuing to this day). This was the finding of the Japanese third-party panel's investigation.


    No one should believe that this had to happen due to the earthquake/tsunami. It was preventable.
    21 Aug 2013, 05:08 PM Reply Like
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