Thursday, December 24, 2015

Japan To Restart Two More Reactors

Despite protests from residents, Japan has decided to restart two of its nuclear reactors in the quake-prone country. Kansai Electric Power company will restart Takahama No.3 and 4 early next year. The Fukui District Court removed an injunction preventing the restarts on Thursday. The two units will be the third and fourth plants to resume operations after the Fukushima Dai-Ichi meltdowns. Kyushu Electric Power's Sendai No.1 and 2 on Kyushu Island have already resumed operations under the new rules. The company announced it will begin loading MOX fuel into Takahama No.3 on Christmas Day. The restarts will be a big boost to the company's bottom line since Kansai is the utility most dependent on nuclear power generation. Reuters found in a survey that of the other 42 operable reactors, about seven are likely to be restarted in the next few years. Nine are unlikely to be put back into service according to the news service. Companies have applied to the nation's nuclear regulatory authority to restart twenty-five plants. Japan has been relying on record imports of liquefied natural gas to make up for its 26% loss in capacity during the nuclear moratorium. The Abe government has yet to find an acceptable site for disposal of highly-radioactive spent fuel waste.