Nuclear, and Fossil Fuel Utilities, are struggling with:
. . . . . . Plunging wholesale power prices,
. . . . . . Shrinking client base,
. . . . . . Declining power consumption,
. . . . . . High debt loads,
. . . . . . Increasing production costs, and
. . . . . . Stiff competition from renewables.
Japan's Ministry of Economy, Trade and Industry,
. . . revised the estimated cost of decommissioning the Fukushima Daiichi nuclear plant, and
. . . compensating victims of the disaster, to around
. . . US$187 Billion (€175 bn).
. . . 4 times greater, than estimates provided in 2011/12.
Only 2, of Japan's 42 'operable' reactors, are actually operating.
. . . The future of the country's nuclear program remains a guessing game.
Recent revelations that nuclear giant Toshiba faces,
. . . multi-billion dollar losses, and write-downs, and
. . . may rule itself out of future nuclear construction bids around the world,
. . . have dominated the world's financial press.
2-3-2017 Source: #Global Nuclear Crisis
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#Global Nuclear Crisis
Started by eds, Feb 03 2017 06:04 AM
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