• 5 minutes Mike Shellman's musings on "Cartoon of the Week"
  • 11 minutes Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 17 minutes WTI @ 67.50, charts show $62.50 next
  • 3 hours Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 23 hours The Discount Airline Model Is Coming for Europe’s Railways
  • 11 hours Pakistan: "Heart" Of Terrorism and Global Threat
  • 2 days Newspaper Editorials Across U.S. Rebuke Trump For Attacks On Press
  • 3 hours Saudi Fund Wants to Take Tesla Private?
  • 7 hours Starvation, horror in Venezuela
  • 2 days Batteries Could Be a Small Dotcom-Style Bubble
  • 16 hours Venezuela set to raise gasoline prices to international levels.
  • 8 hours Renewable Energy Could "Effectively Be Free" by 2030
  • 10 hours Are Trump's steel tariffs working? Seems they are!
  • 1 day Scottish Battery ‘Breakthrough’ Could Charge Electric Cars In Seconds
  • 2 days France Will Close All Coal Fired Power Stations By 2021
  • 2 days Don't Expect Too Much: Despite a Soaring Economy, America's Annual Pay Increase Isn't Budging
Is This A Game Changer For Drones?

Is This A Game Changer For Drones?

Fuel cell technology could significantly…

Egypt Aims For Natural Gas Dominance In The Mediterranean

Egypt Aims For Natural Gas Dominance In The Mediterranean

Positioned on the Mediterranean Sea…

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