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Japan forecasts a dramatic return to nuclear power more than a decade after the Fukushima disaster, with the goal of restarting a series of idle reactors and creating new plants with next-generation technologies.
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Prime Minister Fumio Kishida supports the prospective advancement and structure of new reactors as the country points to additional pressures on power grids that have yielded to a strong call for this summer and lessen the country’s dependence on power imports. Kishida aims to make an official announcement later. Wednesday, the Nikkei newspaper reported without mentioning a news source.
Meanwhile, Japan’s Ministry of Economy needs to restart seven more nuclear reactors next summer, the Yomiuri newspaper reported. This would bring the number of reactors that returned to operation after the Fukushima crisis in 2011 to 17 out of a total of 33.
Tokyo Electric Power Co. , Japan’s largest application and operator of an idle nuclear power plant in Niigata Prefecture, rose 11 percent, while reactor maker Mitsubishi Heavy Industries Ltd. rose 6. 5 percent and Japan Steel Works Ltd. up 10 percent.
Japan’s Ministry of Economy, Trade and Industry did not respond to a request for comment.
The Kishida government is contemplating further expansion of the nuclear force after suffering to cope with the effect of extreme weather and global fuel shortages on the supply of electric power. June heat wave in more than a century.
Countries around the world are reviewing atomic power after Russia’s war in Ukraine disrupted fossil fuel markets and raised electric power bills, while public sentiment in Japan shifted in favor of putting idle plants back into operation.
Efforts to advance smaller, less expensive nuclear technology, adding small modular reactors, or SMRs, have also accelerated as nations seek equipment to combat climate change. century, according to the International Energy Agency.
Can small nuclear reactors help the climate? : QuickTake
To be sure, many idle reactors in Japan face enormous obstacles that are beyond the control of the central government. Utilities will have to offload approval from local municipalities before restarting the reactors, which may take years amid opposition following the Fukushima disaster. .
Separately, the Nikkei newspaper reported that Kishida will ask officials to extend the life of existing reactors beyond the current maximum of 60 years.
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