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On August 22, the Nikkei Business Daily newspaper said that four major Japanese utilities and engineering companies formed a coalition to merge all nuclear power operations into a single joint company
.
Four Japanese power companies form an alliance to merge nuclear power businesses
The Nikkei Business Daily noted that Tokyo Electric Power Company Holdings, Hitachi, Toshiba Corporation and Chubu Electric Power Company have held talks
on the possibility of jointly decommissioning used nuclear reactors.
The initiative comes seven
years after the Fukushima disaster.
The Fukushima disaster led to a devastating disaster at TEPCO's nuclear power plant, spurring new safety standards and raising safety-related costs
.
The report added that TEPCO has 11 boiling water reactors, while Chubu Electric Power has five reactors currently offline after the Fukushima disaster, some of which are unlikely to receive formal approval to restart
.
，
On August 22, the Nikkei Business Daily newspaper said that four major Japanese utilities and engineering companies formed a coalition to merge all nuclear power operations into a single joint company
.
Four Japanese power companies form an alliance to merge nuclear power businesses
Four Japanese power companies form an alliance to merge nuclear power businessesThe Nikkei Business Daily noted that Tokyo Electric Power Company Holdings, Hitachi, Toshiba Corporation and Chubu Electric Power Company have held talks
on the possibility of jointly decommissioning used nuclear reactors.
The initiative comes seven
years after the Fukushima disaster.
The Fukushima disaster led to a devastating disaster at TEPCO's nuclear power plant, spurring new safety standards and raising safety-related costs
.
The report added that TEPCO has 11 boiling water reactors, while Chubu Electric Power has five reactors currently offline after the Fukushima disaster, some of which are unlikely to receive formal approval to restart
.
，
