Japan's Chubu Electric to get $1.2 billion loan(AFP) ? 8 hours ago
TOKYO ? Japan's Chubu Electric Power will receive a 100 billion yen government loan as it looks to fund alternative power sources after it had to suspend its Hamaoka nuclear plant following the crisis at Fukushima.
The low-interest $1.24 billion crisis response loan will be provided later this month through the Development Bank of Japan, government minister Banri Kaieda told a news conference on Friday.
Chubu Electric faces costs for shifting to other sources of power generation after Prime Minister Naoto Kan ordered the suspension of the Hamaoka nuclear plant due to its location in a high-risk earthquake zone southwest of Tokyo.
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As a result, fewer than 20 of Japan's 54 reactors now are operating, raising the potential for power shortages across wider areas of the nation.
http://www.google.com/hostednews/af...ocId=CNG.b26a888f0db4e09e044a71eb4ffa05dd.5a1
More on Hamaoka in FT by makoto
http://www.flutrackers.com/forum/showpost.php?p=407784&postcount=24
"WORLD'S MOST DANGEROUS" nuclear power plant is closed in Japan(uploaded May 8, 2011)
The Hamaoka plant has an 87 % chance of suffering a powerful quake, say Japan...
<iframe src="http://www.youtube.com/embed/WISslUZefe8" allowfullscreen="" width="560" frameborder="0" height="349"></iframe>
Hamaoka Nuclear Power Plant is located in Omaezaki, Shizuoka Prefecture about 200 km of Tokyo.
TOKYO ? Japan's Chubu Electric Power will receive a 100 billion yen government loan as it looks to fund alternative power sources after it had to suspend its Hamaoka nuclear plant following the crisis at Fukushima.
The low-interest $1.24 billion crisis response loan will be provided later this month through the Development Bank of Japan, government minister Banri Kaieda told a news conference on Friday.
Chubu Electric faces costs for shifting to other sources of power generation after Prime Minister Naoto Kan ordered the suspension of the Hamaoka nuclear plant due to its location in a high-risk earthquake zone southwest of Tokyo.
...
As a result, fewer than 20 of Japan's 54 reactors now are operating, raising the potential for power shortages across wider areas of the nation.
http://www.google.com/hostednews/af...ocId=CNG.b26a888f0db4e09e044a71eb4ffa05dd.5a1
More on Hamaoka in FT by makoto
http://www.flutrackers.com/forum/showpost.php?p=407784&postcount=24
"WORLD'S MOST DANGEROUS" nuclear power plant is closed in Japan(uploaded May 8, 2011)
The Hamaoka plant has an 87 % chance of suffering a powerful quake, say Japan...
<iframe src="http://www.youtube.com/embed/WISslUZefe8" allowfullscreen="" width="560" frameborder="0" height="349"></iframe>
Hamaoka Nuclear Power Plant is located in Omaezaki, Shizuoka Prefecture about 200 km of Tokyo.
- 2011, May 6 - Prime minister Naoto Kan orders Units 4 and 5 to be shut down and Unit 3 not to be restarted
- 2011, May 15 - 400 tons of seawater were found to have leaked into the Unit 5 turbine steam condenser
- 2011, May 20 - Damaged pipes were located in the Unit 5 condenser and the operator estimated that about 5 tons of seawater may have entered the reactor itself