Kyushu Electric to Decommission Genkai No. 2 N-Reactor
Fukuoka, Feb. 13 (Jiji Press)--Kyushu Electric Power Co. <9508> plans to decommission the No. 2 reactor at its Genkai nuclear power plant in Saga Prefecture, southwestern Japan, due to high costs, informed sources said Wednesday.
The company concluded that it makes no economic sense to spend as much as around 200 billion yen on construction work for safety measures necessary to restart the reactor, the sources said.
The costs of taking safety measures to win regulatory approval for restarts of nuclear reactors have been growing since the March 2011 meltdown at Tokyo Electric Power Company Holding Inc.'s <9501> Fukushima No. 1 nuclear plant.
Four of Kyushu Electric's six nuclear reactors are now in operation.
The 559,000-kilowatt Genkai No. 2 reactor started operations in March 1981. It has been idled since a routine inspection started before the 2011 nuclear disaster.
[Copyright The Jiji Press, Ltd.]