The recent decision by Shikoku Electric Power Co. to decommission the aging No. 2 reactor at its Ikata nuclear facility in Ehime Prefecture serves as yet another reminder that tightened safety regulations and market conditions in the aftermath of the 2011 Fukushima crisis are imposing a heavy financial burden on power companies that run nuclear power plants. Whether or not they push for reactivating the reactors idled in the wake of the 2011 accident, both the government and the power (…)
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