• 4 minutes Ten Years of Plunging Solar Prices
  • 7 minutes Hydrogen Capable Natural Gas Turbines
  • 10 minutes World looks on in horror as Trump flails over pandemic despite claims US leads way
  • 13 minutes Large gas belt discovered in China
  • 7 mins 60 mph electric mopeds
  • 3 hours COVID 19 May Be Less Deadly Than Flu Study Finds
  • 2 hours US-China tech competition accelerates: on Friday 05/15 new sanctions on Huawei, on Monday 05/18 Samsung chief visits China
  • 9 hours China to Impose Dictatorship on Hong Kong
  • 1 hour Russia loses its chance to capture the EU gas market
  • 15 mins Why 2030-Isn.t-The-Magic-Year-For-Electric-Vehicles
  • 16 mins So the President is on that Hydroxy
  • 2 hours Monetary and Fiscal Policies in Times of Large Debt:
  • 11 hours Payback Time: Republican Senators turn the tables on Democrats. The difference is the Republican investigations are legit.
  • 15 hours Iran's first oil tanker has arrived near Venezuela
  • 4 hours DEFIANCE – There are More of Us Than Them
  • 8 hours Let’s Try This....
  • 23 hours Ventura County to Replace Natural Gas Generation with Battery Storage
Oil Is Unlikely To Go Much Higher

Oil Is Unlikely To Go Much Higher

Oil prices have climbed throughout…

The EV Boom Could Accelerate Peak Oil Demand

The EV Boom Could Accelerate Peak Oil Demand

Car manufacturers are sticking to…

Japan may Restart Nuclear Reactors if Nuclear Watchdog Deems them Safe

Following the earthquake and tsunamis that hit the Fukushima Daiichi nuclear power plant last year, Japan’s entire fleet of 50 nuclear power plants were shut down.

Two reactors were fired up at the Ohi power plant a few weeks ago after the Prime Minister, Yoshihiko Noda, made the decision in order to stave off potential power cuts during the summer months.

The decision to restart the two reactors roused the anti-nuclear protestors to lead mass demonstrations in major cities across the nation, including Tokyo.

So what response might this latest bit of new bring?

The Economics Minister Seji Maehara has announced that the many more nuclear reactors may be restarted if the new nuclear watchdog, the Nuclear Regulation Authority (NRA) deems them to be safe for operation.

This news comes only a month or so after the government voted to end Japan’s nuclear power industry by the 2030s. After that decision was made the powerful nuclear industry lobbies flexed their muscles causing ministers to retreat slightly, and claim that many other factors must be considered before they can truly commit to abandoning nuclear energy.

Maehara has suggested that the nuclear reactors in Japan could still be an important source of power in Japan.

“If safety is approved, such reactors would be considered as an important power source. We should rely on nuclear as an energy option for the time being.”

By. James Burgess of Oilprice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

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