Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, April 27, 2012

Japan's offline reactors send utilities into red

Japan's offline reactors send utilities into red

Tokyo (AFP) April 27, 2012
Japanese electricity companies said Friday they had booked multi-billion dollar losses in the last year after the Fukushima disaster shuttered nuclear power plants and ramped up fossil fuel use. Kansai Electric Power said it incurred a net loss of 242.26 billion yen ($3 billion) turning around from a year-before profit of 123.14 billion yen.

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