• 2 minutes Oil Price Could Fall To $30 If Global Deal Not Extended
  • 5 minutes Middle East on brink: Oil tankers attacked off Oman
  • 8 minutes CNN:America's oil boom will break more records this year. OPEC is stuck in retreat
  • 7 mins Iran downs US drone. No military response . . Just Destroy their Economy Completely. Can Senator Kerry be tried for aiding enemy ?
  • 6 hours Emissions Need To Be Halved To Avoid 3C Warming
  • 1 hour The Pope: "Climate change ... doomsday predictions can no longer be met with irony or disdain."
  • 2 hours Coal Boom in Asia is Real and a Long Trend
  • 4 hours Here We Go: New York Lawmakers Pass Aggressive Law To Fight Climate Change
  • 5 hours Summit in Pyongyang: China's Xi Says World Hopes North Korea-U.S. Talks Can Succeed
  • 15 hours Solar Panels at 26 cents per watt
  • 6 hours Pioneer CEO Said U.S. Oil Production would be up to 15 mm bbls/day NOW if we had the pipelines. Permian pipelines STARTING Q3
  • 1 hour Huge UK Gas Discovery
  • 1 day Trudeau approves Trans Mountain Pipeline
  • 21 hours Magic of Shale: EXPORTS!! Crude Exporters Navigate Gulf Coast Terminal Constraints
  • 1 day Hormuz and surrounding waters: Energy Threats to the World: Oil, LNG, shipping markets digest new risks after Strait of Hormuz attack
  • 21 hours The Magic and Wonders of US Shale Supply: Keeping energy price shock minimised: US oil supply keeping lid on prices despite global risks: IEA chief
  • 19 hours Ireland To Ban New Petrol And Diesel Vehicles From 2030
  • 18 hours US Shale Drilling lacks regulatory body.

Government Panel Tells Japan to Restart Nuclear Reactors

Despite the widespread distrust and opposition to nuclear power amongst the Japanese people, the ruling Liberal Democratic Party (LDP) looks set to follow advice from a government panel which suggested Japan needs to begin using nuclear power once more, as an important and fundamental energy source to the country’s energy mix.

In the wake of the meltdown at the Fukushima Daiichi power plant in 2011, which highlighted the regulatory deficiencies and an industry-wide lack of preparation for nuclear disasters, the previous LDP decided to begin shutting down the country’s nuclear reactors, depriving the economy of an important source of cheap, clean energy which used to supply 30% of the country’s power.

Related article: Andrea Rossi’s Official ECAT Website Ready to Accept Orders for 1MW Unit

The country’s reactors have remained in shut-down mode as a new industry watchdog creates stricter regulations and thoroughly inspects all reactors for faults, sub-par systems, and their ability to resist natural disasters in the future.

Since taking power at the end of last year, Prime Minister Shinzo Abe has shown interest in restarting Japan’s nuclear plants, as a means to reduce the nation’s reliance on expensive fossil fuel imports, for which demand has boomed, driving up electricity prices and increasing the country’s trade deficit to a record level.

The new report compiled by the panel, wrote that “nuclear energy is an important and fundamental base energy source that will support the stability of energy demand and supply,” offering Abe the support that he needs to finally bring nuclear power back to Japan.

Opposition to nuclear power is still strong, and nearly all of the country’s political parties remain against the idea. The report suggested that in order to create some more support for the industry, the government should publicise all information on the new safety measures that will prevent such disasters from happening again in the future, along with the new regulatory standards demanded of all nuclear power plants, and the economic benefits that nuclear power would bring.

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News