Tepco shares rise after reports of possible nuclear restart approval

7 Sep 2017   Japan, Nuclear

Shares in Tokyo Electric Power Co (Tepco), operator of the wrecked Fukushima nuclear plant, rose more than 3 percent on Thursday after media reports that it may get approval as early as next week to restart one of its other atomic plants. Tepco’s Kashiwazaki-Kariwa station, the world’s biggest nuclear power plant, may get initial safety approval from Japan’s nuclear regulator next week to restart two reactors, the Yomiuri newspaper and other media reported. Approval would allow a company that has been widely criticized for a lax approach to safety and a slow response to the meltdowns at Fukushima to operate a nuclear power station after regulators earlier questioned if it was up to the task. A go-ahead would also be the first for reactors of the same basic design as those that melted down at the Fukushima Daiichi station in March 2011, after a massive earthquake […]

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