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» Cost of taking nuclear safety measures reaches 2.2 trillion yen

The cost of taking nuclear safety measures at the nation’s 10 major power companies has reached ¥2.2 trillion, up 1.5-fold from a year ago.

Most of the costs involve complying with the new safety standards introduced in July last year as a result of the Fukushima disaster triggered at Tokyo Electric Power Co.’s old Fukushima No. 1 plant by the March 2011 mega-quake and tsunami.

With some companies planning additional safety measures, the costs are expected to grow further, industry sources said.

Before restarting, all reactors must comply with the new safety regime set up by the Nuclear Regulation Authority. This includes installing equipment and building facilities to help the powerplants withstand major quakes and tsunami.

The costs have ballooned from the utilities’ initial estimates because some of them are being asked to do more by the NRA, the sources said.

 

<Media Report>
Nuclear safety expenditures top ¥2 trillion (Japan Times)


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