Utilities buying new gas turbines to cut fuel bills

Sep 4, 2015

Utilities buying new gas turbines to cut fuel bills

The nation’s biggest power utilities are pushing ahead with plans to spend more on new turbines to improve the efficiency of their gas-fired power plants in an effort to lower fuel bills amid a protracted debate over the role of nuclear power. Chubu Electric ...

Jul 29, 2015

Fukushima compensation increased to ¥7 trillion

The government has approved an increase in compensation payments for the Fukushima nuclear crisis to ¥7.07 trillion as tens of thousands of evacuees remain in temporary housing more than four years after the disaster. Tokyo Electric Power Co. will receive ¥950 billion more in ...

Jul 21, 2015

Japan may request WTO panel in August over Seoul's fishery import ban

Japanese agriculture minister Yoshimasa Hayashi suggested Tuesday the government may request the World Trade Organization set up a dispute settlement panel as early as next month over South Korea’s import restrictions on Japanese fishery products. South Korea issued the ban following the 2011 Fukushima ...

Tepco sending water cannon to Kashiwazaki-Kariwa nuclear plant

Jul 10, 2015

Tepco sending water cannon to Kashiwazaki-Kariwa nuclear plant

Tokyo Electric Power Co. said it will deploy large-capacity water cannon systems at its Kashiwazaki-Kariwa nuclear power station in Niigata Prefecture to prevent diffusion of radioactive materials in case of a disaster. Five sets of the system comprising a pumper and a water cannon ...

May 20, 2015

Tepco may have to pay nuclear compensation to businesses longer

The Abe administration and the ruling coalition are working to extend compensation payments by Tokyo Electric Power Co. to businesses affected by the March 2011 nuclear disaster at the Fukushima No. 1 plant by one year, according to officials. In response to strong pressure ...

May 19, 2015

Tepco looking to sell some uranium stockpiles to cut costs

Tokyo Electric Power Co. is planning to sell part of its uranium stockpiles for nuclear power generation in the current business year to cut costs amid uncertainty over the restart of idled nuclear plants, a company document obtained by Kyodo News showed Monday. Tepco ...