• Kyodo

  • SHARE

The government revised accounting rules Tuesday for utilities to prevent their business from deteriorating abruptly if they decommission nuclear reactors earlier than planned.

Power firms are required to set aside reserves for scrapping each of their reactors while they are still in service. The new rules allow them to continue to recoup the funds through electricity rates for up to 10 years beyond the end of a reactor’s operational life.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW