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Japan's only working nuclear reactor goes offline

  • Japan's only working nuclear reactor is going offline for a checkup, leaving the country without nuclear power for just the third time in more than four decades, and with no firm date for re-starting.
  • Japan's nuclear reactors provided close to a third of the country's electricity before the Fukushima disaster, and utilities have had to spend billions of dollars importing oil, gas and coal to make up for the shortfall.
  • The government and utilities are eager to get reactors up and running again, but opinion polls show most Japanese oppose re-starts and want to end reliance on atomic power.
  • ETFs: NLR, NUCL, URA.
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