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Japanese Government to Bear More Fukushima Cleanup Costs for Tepco

2013-12-20 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Japan will chip in more taxpayer money and other financial support to help Fukushima plant operator Tokyo Electric Power Co clean up the world's worst nuclear disaster in a quarter century, officials said on Friday, the latest government lifeline for the embattled utility. Criticism of the utility's handling of the massive clean-up from the March 2011 disaster had sparked calls to spin off Fukushima-related work and place it under government control or even put Tepco, as the company is known,...

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Fukushima Nuclear Operator Tepco to Close Two More Reactors in Japan

2013-12-19 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: The operators of the crippled Fukushima nuclear power plant in Japan are to decommission two reactors that were not badly damaged by the earthquake and tsunami in 2011. They have bowed to public pressure that the plant be shut permanently. Workers are still struggling to stem leaks of contaminated water, and have begun to remove fuel rods from a storage pond at a reactor building. Four reactors were severely damaged by the disaster that struck in March 2011. Tokyo Electric Power (Tepco)...

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Tepco sees steady recurring profit over 10-year period: source

2013-11-27 16:17:48| Energy - Topix.net

Tokyo Electric Power Co, operator of the wrecked Fukushima nuclear plant, expects to make recurring profit of between $1.5 billion and $2 billion annually for a 10-year period, assuming it can restart its biggest nuclear plant, according to a source familiar with matter.

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Tepco sees steady recurring profit over 10-year period: source

2013-11-27 12:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Tokyo Electric Power Co, operator of the wrecked Fukushima nuclear plant, expects to make recurring profit of between $1.5 billion and $2 billion annually for a 10-year period, assuming it can restart its biggest nuclear plant, according to a source familiar with matter. The forecast was shown to the utility's creditors as part of a revised business plan to return to profitability after three years of losses following the meltdowns at its Fukushima Daiichi station in March 2011, the source said....

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Tepco, Mitsubishi plan coal-fired power plants at Fukushima

2013-11-23 12:56:09| Food - Topix.net

The operator of Japan's wrecked nuclear plant and three firms from the Mitsubishi group plan to build a new type of energy-efficient coal-fired power plant in Fukushima, a source said on Saturday.

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