Jul 20, 2013

New Safety Regulations Clear Way to Restart Japan’s Nuclear Power Plants and economy "cannot survive without nuclear"

...Unfortunately increased imports have meant that energy is far more expensive, and Japan's economy does not seem able to survive for much longer living in such a manner. Masakazu Toyoda, the chairman of the Institute of Energy Economics in Japan, has admitted that "I think that we cannot survive without nuclear," but suggests that "we don't have to have 50 percent, but 20 or 25 percent might be necessary."

Before any applications are approved the Nuclear Regulation Authority (NRA), the regulatory authority that was established after Fukushima due to the public distrust of previous agencies that had failed to adequately regulate the nuclear power industry, will survey each reactor in order to determine its defence against meltdowns.

The assessment of the reactors will not be a quick job, meaning that Japan is unlikely to have a booming nuclear industry any time soon. Keigo Akimoto, an analyst at the Research Institute of Innovative Technology for the Earth, explained that "the NRA has only three teams to do the checks of nuclear power plants, and a team will need at minimum two months to do a check of a single power plant.

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