Japan OKs plan to re-open nuclear plants


Japan's Cabinet has approved an unpopular plan to reinstate nuclear energy as an important source of electricity, although there are doubts about how big a role atomic power will be able to play.

Japan may have to leave up to two-thirds of its 48 idled nuclear reactors closed, a Reuters analysis shows, due to the high cost of upgrades, local opposition or seismic risks.

The country's nuclear plants were shut following the Fukushima disaster over three years ago, which has caused the country to significantly increase its energy imports. That has acted as a drag on GDP and prompted fears that Japan could suffer from a permanent current-account surplus which could undermine confidence in its massive debt.

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Comments (11)
  • harball
    , contributor
    Comments (437) | Send Message
     
    Good news. there seems to almost no public support for this, so this is pretty big news. Let's hope they will now follow-up with an actual reactor restart.
    11 Apr 2014, 05:35 AM Reply Like
  • Michael Bryant
    , contributor
    Comments (7059) | Send Message
     
    (DNN) has started to rise since last year. http://yhoo.it/1hp5yy3;c= It is at the $1.50 resistance.
    11 Apr 2014, 07:07 AM Reply Like
  • victorburek
    , contributor
    Comments (17) | Send Message
     
    How is their no public support. The recent elections all went to candidates that were pro nuclear.
    11 Apr 2014, 09:41 AM Reply Like
  • gmanwicksy
    , contributor
    Comments (131) | Send Message
     
    Potential uranium lottery tickets that could pop 5 10 fold plus on positive drill results

     

    uranium junior explorers all with property drilling in the hot bed of uranium large deposit area of Canada nx.vn zad.vn aln.vn asc.vn syh.vn

     

    do your own dd and don't listen to me though as I am long all the above and therefore biased
    11 Apr 2014, 11:22 AM Reply Like
  • WakeUpSleepyheads
    , contributor
    Comments (2) | Send Message
     
    Has Japan forgotten about its own nuclear crisis?

     

    Maybe they should Read the headlines on Enenews dot com which has been reporting on Japan's meltdowns from the beginning.

     

    Very eye-opening how its affecting health, the economy, politics and even how radiation from Japan's meltdowns blanketed the U.S. and was found in U.S. milk, water, air, etc.
    12 Apr 2014, 05:16 AM Reply Like
  • WakeUpSleepyheads
    , contributor
    Comments (2) | Send Message
     
    Isn't Japan paying attention to its own nuclear crisis?

     

    Maybe they should read the headlines on ENENEWS dot com which has been reporting on Japan's crisis from the beginning.

     

    Very eye-opening!
    12 Apr 2014, 05:16 AM Reply Like
  • harball
    , contributor
    Comments (437) | Send Message
     
    i am sure they have learned their lessons. the truth is they will only open about 1/3 of their reactors. some are just too old, some require excessive investment to meet the new regulatory requirements and in some cases the owner is so banged up they lack funds to invest in upgrade required to be compliant. so yes, they have learned their lessons, otherwise they would not be lavishing zillions on LNG and fossil fuels. japan is the #1 buyer of LNG, it's eating a hole in their wallet and since utilities were effectively told not to hike prices, the Japanese energy sector is almost bankrupt. they have no choice but to open as many NPPs as possible.
    12 Apr 2014, 10:28 AM Reply Like
  • speedbird
    , contributor
    Comments (8) | Send Message
     
    Japan's economic recovery requires cheap energy. They cannot afford to
    pay to import oil to produce electricity. This was inevitable.
    12 Apr 2014, 11:00 AM Reply Like
  • gmanwicksy
    , contributor
    Comments (131) | Send Message
     
    Hope all goes well in Japan, if there was no earthquake there would have been no beating down of uranium and nuclear.
    12 Apr 2014, 11:02 PM Reply Like
  • candooman
    , contributor
    Comments (445) | Send Message
     
    Their NPP should be switching to the type of fuel Lightbridge will be producing. It is far safer and does not meltdown like that in Fukushima.
    16 Apr 2014, 09:19 PM Reply Like
  • harball
    , contributor
    Comments (437) | Send Message
     
    Yeah, hope LTBR will start to commercialise its metallic rod soon.
    19 Apr 2014, 12:26 PM Reply Like
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