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Wednesday, August 7, 2013

Japan Planning To Restart Its Nuclear Reactors

Reports from Japan indicate it mat restart a few of its nuclear reactors in July of 2014.

Of course... that depends it passing the safety checks put in place after the Fukushima disaster back in March+ of 2011. 

Even now, at Fukushima, radioactive water is still leaking into the ocean that TEPCO (Tokyo Electric Power COmpany) is still trying to contain - unsuccessfully, I might add.

Before the shut down its nuclear reactor energy program, some 33% of its electricity was supplied via the nuclear plants.

As of August 6, 2013, only two nuclear reactors are currently operating, with all the rest shut down for safety checks and upgrades to make them safer.. and those two working ones will need to be idled in September of 2013 for assessment and, if applicable, refueling.

Of course... with no nuclear generated electricity, the cost to purchase fossil fuels has been crippling in Japan, as it has no reserves of its own.

Even if Japan should be able to start 16 of the nuclear reactors by March of 2015 (1-1/2 years from now), fuel costs for fossil fuels are pegged to be ¥7-trillion (US/Cdn $74-billion) higher than that which was seen for the year ending March of 2011.

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