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Editorial — Nuclear accident: Astronomical damages awarded in another confused court ruling

By Editorial Board, The Sankei Shimbun   Another contradictory ruling by the Japanese judiciary has left many scratching their heads.   Shareholders of Tokyo Electric Power Company (TEPCO) had brought a derivative suit against the company’s former management for damages over the accident following the Great East Japan earthquake and tsunami at TEPCO’s Fukushima Daiichi Nuclear Power Plant.    On….Read more

  • July 22, 2022
  • , Japan Forward
  • English Press

ECONOMY > Energy

Nuclear Regulation Authority approves discharge of Fukushima water  

All Saturday morning papers reported that the Nuclear Regulation Authority (NRA) formally approved on Friday a plan to release treated water from the Fukushima Daiichi Nuclear Power Plant into the ocean. Yomiuri said that after obtaining pre-approval from Fukushima Prefecture as well as the towns of Okuma and Futaba, which host the nuclear power plant, TEPCO will begin full-scale preparations….Read more

ECONOMY > Energy

Nearly half in Japan support N-reactor restart, Jiji poll

Tokyo, July 21 (Jiji Press)–Nearly 50 pct of people in Japan support the restart of idled nuclear reactors in the country, a Jiji Press opinion poll showed Thursday.   The survey, conducted for four days through Monday, found that 48.4 pct of respondents are in favor of resuming operations of nuclear reactors whose safety has been confirmed.   The proportion….Read more

  • July 21, 2022
  • , Jiji Press , 4:23 p.m.
  • English Press

ECONOMY

Japan average pump price drops for 3rd straight week

  Tokyo, July 21 (Jiji Press)–The average retail price of regular gasoline in Japan as of Tuesday fell 1.3 yen from a week before to 171.4 yen per liter, down for the third straight week, the industry ministry said Thursday.   The drop chiefly reflected a pause in crude oil price surges.   In the week through Wednesday, the amount….Read more

  • July 21, 2022
  • , Jiji Press , 7:17 p.m.
  • English Press

ECONOMY > Energy

Japan utility group chief calls for LNG procurement measures

In a regular press conference on July 15, Federation of Electric Power Companies Chairman Ikebe Kazuhiro (President of Kyushu Electric) touched on the Sakhalin-2 oil and natural gas development project in the Russian Far East. He called for the need to draw up plans on the assumption that Japan will not be able to procure liquefied natural gas (LNG) [from….Read more

  • July 16, 2022
  • , Mainichi , p. 7
  • JMH Translation

ECONOMY > Energy

Gas association chief says it will ask companies, households to save gas in event of tight supplies

In a regular press conference on July 15, Japan Gas Association Chairperson Honjo Takehiro (Chairperson of Osaka Gas) expressed his intention to call on large companies and households to reduce the usage of town gas in case of tight gas supplies. He also said that he “wants the government to eventually consider calling for gas-saving measures as it does for….Read more

  • July 16, 2022
  • , Nikkei , p. 13
  • JMH Translation

ECONOMY > Energy

Toyota, 5 others set up bioethanol fuel research assn

Nagoya, July 20 (Jiji Press)–Toyota Motor Corp. <7203>, oil distributor Eneos Corp. and four other Japanese companies said Wednesday that they have established an association for research on technologies to produce bioethanol fuel for automobiles.   The Research Association of Biomass Innovation for Next Generation Automobile Fuels was set up on July 1, with its headquarters in Okuma, a town….Read more

  • July 20, 2022
  • , Jiji Press , 4:27 p.m.
  • English Press

ECONOMY > Energy

Japan power crunch seen continuing despite n-plant restarts

Tokyo, July 20 (Jiji Press)–Japan is expected to continue seeing an electricity supply squeeze and is likely to rely on aging thermal power plants, despite up to nine nuclear reactors being put into operation by this winter.   A total of 10 nuclear reactors in Japan have cleared new standards set by the Nuclear Regulation Authority and have received the….Read more

  • July 20, 2022
  • , Jiji Press , 1:42 p.m.
  • English Press

ECONOMY > Energy

Development of rare earths, marine minerals proposed by ocean policy panel

Proposals calling for Japan to promote the development of rare earths and other marine minerals from the viewpoint of economic security have been compiled by a government panel.   The proposed recommendations were compiled Wednesday by the Councilors’ Meeting of the Headquarters for Ocean Policy to form the basis of a draft of the next Basic Plan on Ocean Policy.….Read more

  • July 21, 2022
  • , The Japan News , 1:58 p.m.
  • English Press

ECONOMY

Nuclear reactor in Takahama to go back online on July 26

By YO NOGUCHI/ Staff Writer   Kansai Electric Power Co. will resume generating and transmitting electricity at the No. 3 reactor at the Takahama nuclear power plant on July 26, the company announced on July 19.    The company had said the timing of resuming operations was undecided after a regular inspection that started in March discovered damage to heating tubes at the….Read more

  • July 20, 2022
  • , The Asahi Shimbun , 4:40 p.m.
  • English Press
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