Tepco News

10 Years After Disaster, Fukushima Nuclear Plant Operator Continues Cleanup

Tepco, the operator of Japan’s wrecked Fukushima atomic plant, said it had successfully removed spent uranium fuel from a damaged reactor building in a key step in its clean up of the site after a nuclear disaster a decade ago. …

Japan’s Tepco to Propose Decommissioning 5 Nuclear Reactors: Media

Tokyo Electric Power will submit to a municipal official on Monday a plan regarding the decommissioning of five reactors at its Kashiwazaki-Kariwa nuclear station, the world’s biggest atomic plant, Jiji Press said. Japan suffered its worst energy crisis since the …

Tepco & Japan Government Held Liable Over Fukushima Nuclear Disaster

A court in Japan on Friday ruled that Tokyo Electric Power (Tepco) and the government are liable for negligence in a case involving compensation for the Fukushima nuclear disaster, the first time the judiciary has ruled the state has liability, …

Tepco Rebuilding Plan Approved

Tokyo Electric Power Co. won the support of the government and banks for a plan to rebuild its business, the latest step in the recovery from the nuclear disaster three years ago that almost destroyed the company. The agreement between …

Japan Earmarks Additional $30B for Fukushima Clean-Up, Compensation

Japan’s government is finalising plans to borrow an additional 3 trillion yen ($30 billion) to pay for compensating Fukushima evacuees and cleaning up the area outside the wrecked nuclear plant, said people with knowledge of the situation. The additional borrowing …

Tepco Will Not Pursue Compensation from GE, Other Suppliers Over Nuclear Disaster

Tokyo Electric Power Co. shareholders rejected a proposal to look into pursuing claims for compensation against companies that supplied parts for the crippled Fukushima nuclear plant, including General Electric Co. Shareholders at Thursday’s annual general meeting for the company known …

Japan Nuclear Plant Planned Review of Tsunami Risk- But Too Late

Four days before a tsunami devastated a Japanese nuclear plant, its operator promised a fuller assessment of the risk of such a disaster — but not for seven months. The disclosure in a three-page briefing paper obtained by The Associated …

Japan Governor Wants Nuclear Safety Pledge in Writing

Japanese governor Tokihiro Nakamura believes nuclear power is vital for the resource-poor land, but even he says the central government must put safety pledges in writing before he’ll agree to restart off-line reactors — a sign of the tough battle …

Japan Committee Clears Nuclear Compensation Bill

A lower house committee of Japan’s parliament on Tuesday passed a bill to help Tokyo Electric Power pay billions of dollars in compensation to those hurt by the Fukushima nuclear disaster, ensuring a law will soon be in place to …

Tokyo Electric Power Facing $1.1 Billion in Mental Distress Claims

Tokyo Electric Power estimates it will have to pay 88 billion yen ($1.1 billion) in compensation for mental distress caused to people who were forced to leave their homes after the March quake and tsunami sparked a crisis at a …