Fukushima operator eyes wholesale power market in Europe: report

 Fukushima operator eyes wholesale power market in Europe: report by Staff Writers Tokyo (AFP) June 26, 2014
The operator of Japan's crippled Fukushima nuclear power plant wants to start operations in Britain and elsewhere in Europe, a report said Thursday, as it looks for ways to offset the huge costs of the disaster.
Tokyo Electric Power Co. (TEPCO) will set up a joint venture in Britain by March 2016 with another Japanese company to make large-scale power storage facilities, the Nikkei said, as part of its entry into the wholesale electricity market.
It would buy up excess power at night from generating companies and others with generation capabilities, store it, and then sell the electricity during the day when supply is tight, the economic daily said.
There is currently no suggestion the embattled company intends to operate power plants in Britain.
http://www.nuclearpowerdaily.com/reports/Fukushima_operator_eyes_wholesale_power_market_in_Europe_report_999.html