Japan to probe ‘active faults’ under nuclear plants

Japan’s nuclear safety watchdog on Wednesday ordered a probe into claims the country’s only working nuclear power station sits on an active tectonic fault.

The order came as Kansai Electric Power Company (KEPCO) readied to refire a second reactor at the Oi plant, western Japan, just weeks after the first unit was restarted, ending a brief nuclear-free period in earthquake-prone Japan.

A spokesman for the Nuclear and Industrial Safety Agency said KEPCO [...]

Japan Prime Minister orders restart of nuclear reactors under ‘intense pressure’ from banks as a Super Typhoon approaches! Protests as 70% of public opposed

Prime Minister Yoshihiko Noda approved the first restart of Japan’s power reactors since last year’s Fukushima nuclear disaster, a decision that could undermine his political support and force early elections.

Noda declared two reactors at Kansai Electric Power Co. (9503)’s Ohi nuclear plant in Fukui prefecture, western Japan, safe to begin operations, at a Cabinet-level meeting today. The move, which follows approvals from local authorities, ends a month- long spell without atomic power in [...]

Japan utilities to hike peak rates sharply: report

LOS ANGELES (MarketWatch) — Japanese utilities are planning to increase fees for peak-hour electricity usage in an effort to head off possible power shortages this summer following the closure of the nation’s nuclear power plants, the Nikkei business daily reported Tuesday. Under plans beginning for Tokyo Electric Power Co. (JP:9501)(US:TKECF) on June 1 and for Kansai Electric Power Co. (JP:9503) on July 1, rates during the peak hours of 1 p.m. to 4 p.m. [...]