Japan’s nuclear-reliant utility asked by officials to promote alternative energy and phase out nuclear reactors

The mayors of Osaka, Kobe and Kyoto, home to a total of 5.7 million people, called for Kansai Electric Power Co,   the Japanese utility that relies the most on nuclear generation, with all its atomic power plants offline. to promote efforts to switch to alternative energy supplies and price incentives to curb demand.

Kansai Electric is currently working to restart at least two reactors, which are currently all offline, after the units “passed” stress tests – computer simulations evaluating reactions to severe events.  Kansai Electric Power Co said Monday it expected to log its largest-ever net loss of over 3 billion dollars for the current financial year through March, after a net profit of 123.1 billion yen for the previous year.

The utility also predicted an operating loss of 245 billion yen, a reversal from an operating profit of 273.8 billion yen the year before.  In 2011, Kansai’s reports showed that nuclear power accounted for 44 percent of demand in Kansai’s base in western Japan, but the Kansai President Makoto Yagi denied any rumor the company will change its basic pricing system to raise charges even though the firm booked a record net loss for April-December last year.

Observers say it will not be easy for central and local governments to arrive at an agreement on reactivating the Kansai reactors.

“In light of the March 11 incident at the Fukushima Daiichi nuclear plant…should a critical incident hit Kansai Electric Power Co’s region…it is clear that citizens’ lives and economic activities would be greatly affected,” the mayors said in their submission to Kansai Electric’s president, Makoto Yagi.

“We should therefore create a power supply system not dependent on nuclear power as early as possible.”

The mayors’ move could prompt other shareholders to follow suit.

About author
Read More About , , , ,
1 comment on this postSubmit yours
  1. captddd@hotmail.com'

    Smart meters will allow Utilities to create new energy TIER’s so they can also charge different rates for time of usage!

    The gov’t. can also track changes in usage which indicate how many live in a house and or number of visitors!

    These meters also give off radio freq. waves and many in CA are starting to find that they “feel” different because of them; who wants another radiating device in your life to save the electric company from having to pay “meter readers” to read your electric meter! If anything smart meters should LOWER your bill because of that but FAT CHANCE of your bill doing anything but go ever upward!

    BTW: Many more would install Solar if the Utility paid US for the energy we put INTO the grid, at the very same rate that the Utility charges when folks take the Energy OUT of the Grid!

    By not paying US the same amount, the Utility shareholders receive additional money they do not deserve and the folks that have paid to install their own solar end up with a much longer payback period!

    + STOP the CA Utility RIPOFF of SOLAR ENERGY!

    http://is.gd/eQog1d

Submit your comment

Please enter your name

Your name is required

Please enter a valid email address

An email address is required

Please enter your message

*

Enformable © 2014 All Rights Reserved

More in Editorials, Nuclear News
Fukushima Daiichi February 2012 - R123
Japanese press gets closest aerial footage of Fukushima Daiichi in nearly a year

The Fukushima Daiichi site is still a harsh reminder of the disaster that has been unfolding over the last year, everything on site appears broken, shattered, and scattered. Japanese press shot footage around...

Close