UPI in English  |   UPI Arabic  |   UPI en Español  |   UPIU

Japanese firm wants reactors back online

Published By United Press International
TOKYO, Nov. 23 (UPI) -- One of the most nuclear-dependent of Japan's 10 major utility companies says it plans to reactivate two reactors to join two put back online this summer.

Kansai Electric Power Co. has presented a business plan to potential lenders it says will return it to profitability in 2013 if it wins government approval to raise electricity rates in April and it was allowed to fire up two more reactors, Kyodo News reported.

Bringing the reactors online faces a major hurdle as the Japanese government and the Nuclear Regulation Authority haven't outlined a plan for bringing reactors back online after they were shut down in the wake of the Fukushima crisis.

KEPCO did manage to get two of the reactors at its plant in Fukui Prefecture online in July following government-mandated "stress tests" quickly put in place after Fukushima.

The company said it intends to reactivation two units at another power plant the prefecture.

"We would like to hold discussions with the government with the view to giving top priority to reactivating them," KEPCO President Makoto Yagi said.

KEPCO operates 11 reactors, all in Fukui Prefecture, and 51 percent of its power supply came from nuclear sources before the March 2011 Fukushima crisis.
© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Photo Gallery
1 of 1
Tour de France concludes in Paris
Race winner Bradley Wiggins of Great Britain (C) stands between second place finisher Christopher Froome of Great Britain (L) and third place finisher Vincenzo Nibali of Italy on the presentation podium following the final stage of the Tour de France in Paris on July 22, 2012. Wiggins of Great Britain became that country's first ever overall winner of the Tour de France. UPI/David Silpa