Rokkasho: nuclear white elephant or yen sucking black hole?
As one approaches Rokkasho, a small town of 11,000 on the remote, windswept coast of Aomori Prefecture at the very north of Japan’s main island, Honshu, one sees dozens of power-generating windmills spinning away. Aside from this ambitious renewable energy project, Rokkasho also is the site for a national petroleum reserve, but it is most infamous for something that is not yet operating.
Two decades and $21 billion after construction commenced, Japan’s nuclear reprocessing and waste storage facility at Rokkasho may finally start operating in 2014, but probably later. There have been numerous delays and large cost overruns, but the operator, Japan Nuclear Fuel Ltd. (JNFL), is hopeful because Prime Minister Shinzo Abe has revived prospects for restarting nuclear reactors. The Japan Atomic Energy Commission and JNFL want to get the facility running as soon as possible, but the Nuclear Regulation Authority (NRA) is busy reviewing applications to restart 12 reactors based on the new safety guidelines issued in July 2013.
http://www.japantimes.co.jp/opinion/2013/09/21/commentary/rokkasho-nuclear-white-elephant-or-yen-sucking-black-hole/#.Uj5AKBmEPgo
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