Tokyo Electric Power Company

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The Tokyo Electric Power Company is the semi-nationalised operator of the Fukushima nuclear power plant, which in 2010 suffered a tsunami-induced triple meltdown.

Activities

In August 2013, after two-and-a-half years after the tsunami, the Financial Times reported that the 'effort to decommission the stricken Fukushima plant continues to resemble an episode of the Keystone Kops'.

A rat gnawed through a cable, causing a dangerous power outage. In July, after months of obfuscation, Tokyo Electric Power, the semi-nationalised operator, admitted the plant was leaking radioactive water into the ocean. This month the government stepped in to contain the leak with an untested process to freeze the ground around the plant. Current estimates suggest it will take decades and cost more than $10bn to decommission Fukushima. So much for cheap nuclear fuel. [1]

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