• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 9 hours How Far Have We Really Gotten With Alternative Energy
  • 1 day The United States produced more crude oil than any nation, at any time.
  • 16 hours China deletes leaked stats showing plunging birth rate for 2023
  • 2 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 7 days Bad news for e-cars keeps coming


The leading economics blog online covering financial issues, geopolitics and trading.

More Info

Premium Content

World's Largest Nuclear Plant Remains Idle Despite Energy Crisis

  • Kashiwazaki Kariwa, once a central player in Japan's nuclear energy goals, has been idle since the 2011 Fukushima disaster.
  • Nuclear power is witnessing a resurgence globally, but its restart in Japan faces political and regulatory hurdles.
  • Japan's heavy reliance on imported energy highlights the need for a stable electricity source that isn’t dependent on overseas fuel imports.

We don't think it'll be long before nuclear power once again has a renaissance, as we've written about extensively. But for now, the world's largest nuclear power plant, the Kashiwazaki Kariwa Nuclear Power Plant in Japan, is sitting idle even as the world's energy needs continue to grow. 

Bloomberg reported this week that the Kashiwazaki Kariwa Nuclear Power Plant, recognized by Guinness World Records for its potential 8.2 gigawatt output, stands idle despite once being central to Japan's goal of deriving 50% of its energy from nuclear power by 2030.

The facility, known as KK, shut down its seven reactors following the 2011 Fukushima disaster, which led to a national reevaluation of nuclear energy. Amidst current economic strategies targeting industries like semiconductor manufacturing and AI, debates are intensifying over whether KK and its operator, Tokyo Electric Power Co., should be given another opportunity.

Globally, nuclear power is witnessing a resurgence, as we have been covering here on Zero Hedge. In the U.S., AI-Jesus Sam Altman just had his small modular reactor company, Oklo, listed on NYSE. Around the world in places like France and Poland, the small modular reactor model could be what ushers nuclear back in, with some countries planning for adoption by 2030.

The International Atomic Energy Agency projects that nuclear power capacity could increase by 24% by 2030 and by 140% by 2050 from 2022 levels. Countries like China and India are expanding their nuclear programs, while even Saudi Arabia is exploring nuclear options with the U.S., reflecting a broader recommitment to nuclear energy as a vital resource.


Rafael Mariano Grossi, director general of the IAEA, said in March: “It’s very important for Japan to be able to count on Kashiwazaki Kariwa again. How many countries have that idle capacity? Many countries wish they just had it.”

Restarting or building new nuclear reactors in Japan is politically challenging. Nuclear power provides steady, carbon-free electricity, unlike the variable output from wind and solar. However, these facilities take over a decade to construct and produce long-lasting hazardous waste.

In 2017, two reactors at the KK plant were approved to restart by Japan's nuclear regulator, but a firm restart date has not been set due to lacking local government approval. The issue may be addressed in the upcoming regional assembly meeting in Niigata prefecture, where KK is located, Bloomberg noted

Again, the restart will likely only occur when the obvious benefits outweigh the memories of past disaster at Fukushima. 

This occurs as Prime Minister Fumio Kishida's administration reviews Japan's energy policy, a routine evaluation involving various stakeholders, which could reshape the country's nuclear energy goals amid criticisms of insufficient clean energy initiatives.

Amidst global energy uncertainties, highlighted by events in Ukraine and the Middle East, Japan's heavy reliance on imported energy for 70% of its electricity needs is problematic, especially with 21 nuclear reactors currently idle.


Tepco President Tomoaki Kobayakawa concluded, telling reporters in April: “We need to secure a stable electricity source for our customers — it’s important to have some source that’s not dependent on overseas fuel imports.”

By Zerohedge.com

More Top Reads From Oilprice.com:

Download The Free Oilprice App Today

Back to homepage

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News