Fukushima’s $70billion cleanup leaves foreign firms in cold.
Energy Voice 21st Dec 2016 read more »
Cleaning up Fukushima – a task predicted to cost 86 times the amount earmarked for decommissioning Japan’s first commercial nuclear reactor – is the mother of all salvage jobs. Still foreign firms with decades of experience are seeing little of the spoils.
Economic Times 21st Dec 2016 read more »
Japan has scrapped plans to generate electricity at a multi-billion dollar experimental nuclear reactor, the government said Monday, giving up on the decades-old project due to spiralling costs. Once touted as a “dream reactor,” the Monju facility was designed to generate more fuel than it consumes via nuclear chain reaction, an attractive alternative in a country with few natural resources. But its complex fast breeder reactor technology has been plagued with problems that have left it idle for more than a decade. It has also been a financial black hole since construction began in 1986, given its initial 1 trillion yen ($8.5 billion) construction cost and daily operating costs of 50 million yen, even while shut down.
Daily Mail 19th Dec 2016 read more »
At least 375 billion yen ($3.2 billion) will be needed over 30 years to decommission the Monju prototype fast-breeder reactor in Fukui Prefecture, according to a government estimate revealed on Dec. 19. The mind-numbing estimate and time frame were announced by the government’s committee for fast reactor development. The committee’s proposed plan is to start decommissioning from 2017 and spend five and half years removing spent nuclear fuel from the problem-plagued reactor and complete the entire process in 2047. The government also met with Fukui Governor Issei Nishikawa at the science and technology ministry building in Tokyo later the same day and passed on its intention to decommission the Monju reactor without a restart.
Asahi Shimbun 19th Dec 2016 read more »