Thursday, June 30, 2011

IAEA reports, nuke profits


Radiological Monitoring and Consequences of Fukushima Nuclear Accident (2 June 2011)

IAEA Marine Environment Monitoring of Fukushima Nuclear Accident (2 June 2011)

The Japan Times Online

38 years of nuke profit up in smoke?

By analyzing Tepco's financial statements, Oshima put its cumulative profits from its nuclear power business at ¥3.995 trillion between the business years of 1970 and 2007, which ended in March 2008. Tepco operates three nuclear power plants — the six-reactor Fukushima No. 1 plant, four-reactor Fukushima No. 2 plant and seven-reactor Kashiwazaki-Kariwa plant in Niigata Prefecture.
Tokyo Electric Power Co. faces a potential damages bill exceeding its profits from nuclear power generation over a 38-year period beginning in 1970, the year it opened the crisis-hit Fukushima No. 1 plant, according to a recent study.
The cost of power generation per kilowatt hour came to ¥10.68 for nuclear power, ¥9.90 for thermal power and ¥7.26 for hydraulic power on average during the 38-year period, when expenses for disposal of radioactive waste and subsidizing... local governments hosting nuclear plants are added to direct costs, he said.
The cost of nuclear power rose to ¥12.23 per kwh when pumped-up water power generation using power generated by reactors at night is taken into account, the economist added.

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