Nov 19, 2014

Diet approves bill on collective compensation for nuclear accidents

The Diet on Wednesday enacted a bill that allows Japan to join an international pact on financial liability for nuclear accidents. The Convention on Supplementary Compensation for Nuclear Damage requires parties to share part of the compensation in the event of a nuclear accident. ...

Contaminated water swamps Fukushima No. 1 cleanup

Nov 16, 2014

Contaminated water swamps Fukushima No. 1 cleanup

More than three years into the massive cleanup of the Fukushima No. 1 power plant, only a tiny fraction of the workers are focused on key tasks such as preparing for the dismantling of the wrecked reactors and removing radioactive fuel rods. Instead, nearly ...

Tepco removes all spent fuel rods from reactor 4 pool

Nov 5, 2014

Tepco removes all spent fuel rods from reactor 4 pool

Tokyo Electric Power Co. said Wednesday it had finished removing all used fuel from the storage pool in the reactor 4 building, leaving only less-risky unused material in the pool. But dismantling the entire facility still has to overcome the high levels of radioactive ...

Oct 30, 2014

Fukushima Reactor 1 dismantling to be delayed

In the first-ever delay in the plans to dismantle reactor 1 at Tokyo Electric Power Co.’s stricken Fukushima No. 1 nuclear power plant, the government and the utility have agreed to postpone the removal of fuel rods from the spent-fuel pool by two years ...

Tepco projects ¥130 billion pretax profit for year

Oct 25, 2014

Tepco projects ¥130 billion pretax profit for year

Tokyo Electric Power Co., manager of the disaster-struck Fukushima No. 1 nuclear plant is expecting to log a group pretax profit of ¥130 billion for the business year through March 2015, even without restarting the giant Kashiwazaki-Kariwa plant or hiking rates again, sources familiar ...