Daily Archives: November 7, 2018

Revival of Nuclear Industry – Japan

Japan prepares to  reopen Shikoku Electric Power’s Ikata nuclear plant, nestled next to Japan’s inland sea at the base of the verdant Sadamisaki peninsula. Nearly eight years after an earthquake and tsunami triggered nuclear meltdowns at Tokyo Electric Power’s Fukushima Daiichi plant, the battered industry is making a quiet and somewhat unexpected return in Japan.

Ikata is a poster child for that recovery. In September 2018, a court reversed a decision that had idled Shikoku Electric’s sole nuclear reactor for about a year, paving the way for the operator to re-open the facility last week.  Regional utilities like Shikoku Electric have aggressively fought a string of lawsuits since 2011, hiring veteran lawyers to beef up their legal teams. At the same time, they wooed towns where nuclear plants are based, visiting with residents door to door while the government kept up a stream of generous subsidies for local projects.

Thanks in large part to this strategy, Japan is on track to have nine reactors running in the near future…That is a far cry from the 54 running before 2011 – all of which were idled after the Fukushima disaster – but more than analysts and experts expected, considering it seemed at the time like the end of the road for the country’s nuclear industry…

The quiet revival of Japan’s nuclear industry is most tangible in rural areas like Ikata, which are home to the bulk of the country’s nuclear plants…The town, with 9,500 residents, relies on nuclear power for a third of its annual revenue. Since 1974, Ikata has received more than 101.7 billion yen ($908.4 million) in such payments.  These funds literally built the town; Ikata’s roads, schools, hospitals, fire stations and even five traditional “taiko” drums for festivals were all paid for with subsidies.  The town and utility’s mutual dependence stretch back decades.

Excerpts from  Mari Saito, Treading carefully, Japan’s nuclear industry makes a comeback, Reuters, Nov. 1, 2018