Some West Coast citizens are concerned about the eventual arrival of seaborne radiation from the Fukushima Dai-ichi nuclear power plant, set to hit this year, but marine and radiation experts say the radiation won't be much higher than existing levels, Bloomberg reports.
In the first nine months of their fiscal years ending Dec. 31, Japan's six nuclear utilities have increased electricity rates to reduce losses or turn profits amid lost generation from idled nuclear plants, Bloomberg reports.
TOKYO (AP) — Japan's trade deficit surged to a record 11.47 trillion yen ($112 billion) in 2013 as the shutdown of nuclear power plants swelled the nation's energy import bill.
Provisional data Monday showed that exports rose 9.5 percent to 69.8 trillion yen ($680.9 billion), while imports jumped 15 percent to 81.3 trillion yen ($793.2 billion).
Japan's trade deficit in 2012 was 6.94 trillion yen. The deficit has been rising as costs for imports have surged with the weakening of the Japanese yen and increased purchases of foreign oil and gas. Japan's nuclear reactors have been offline for safety and regulatory checks after the March 2011 earthquake and tsunami devastated the Fukushima nuclear plant.
TOKYO (AP) — The surprise entry of a 76-year-old retired prime minister-turned-potter in the Tokyo governor's race is turning the election into a virtual referendum on the future of nuclear power in post-Fukushima Japan.
Morihiro Hosokawa, who led Japan two decades ago, has emerged as a front-runner, backed by another former prime minister, the hugely popular Junichiro Koizumi, one of Japan's longest-serving leaders.
Both are known as opponents of nuclear power, and a Hosokawa victory could deal a setback to Prime Minister Shinzo Abe's push to restart Japan's nuclear power plants and export nuclear reactors.
The latest Japanese government-approved move to revive the fortunes of Tepco, the company responsible for the crippled Fukushima Dai-Ichi nuclear plant, calls for restarting its plant at Kashiwazaki Kariwa, Reuters reports.
Brookings Institution forum, "The U.S. Unconventional Hydrocarbon Renaissance and Impact on Japan." Panelists include Washington Office of Japan Oil, Gas and Metals National Corp. general manager Hidehiro Muramatsu, and Shoichi Itoh, senior researcher, Institute of Energy Economics, Japan.
Japanese officials say the government will extend its radiation decontamination work at the Fukushima Dai-ichi site by a maximum of three years, with plans to complete the work by fiscal 2017, Kyodo News reports.
Decentralized power generation is the wave of the future internationally, and technology in the sector will have to adapt to that, Steve Bolze, CEO of GE Power & Water, told a panel at the CERAWeek conference Thursday, according to FuelFix.
Oil companies aren't publishing all of the information they should in the FracFocus registry, according to a draft report by an Energy Department advisory panel, which also found errors in some of the data, FuelFix reports.
The major concern for the world's top oil company executives, gathered in Houston for the CERAWeek conference this week, appeared to be the soaring costs of exploration and production, The Wall Street Journal reports.
Administrator Gina McCarthy wouldn't say whether the EPA might consider a carbon rule for refineries, telling the CERAWeek conference Thursday that her agency's focus now remains on power plants, National Journal reports.
Gina McCarthy, delivering the first address to CERAWeek by an EPA administrator since the conference began, said Thursday that her agency can craft carbon rules that will fight climate change without stopping "business in its tracks," Reuters reports.