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High Energy Prices Swaying Japan Back to Nuclear

ENERGY

In a major shift in policy, Japan said today they would restart more idled nuclear power plants and look at developing next-generation reactors according to its Prime Minister Fumio Kishida earlier.

  • Japan is desperately seeking to enhance energy security due to the high gas price situation.
  • Japan has kept a chunk of its nuclear capacity idled over the last decade because of the Fukushima disaster and weak public support for the energy type.
  • Kishida has given officials until the end of the year to come up with concrete nuclear plan measures.
  • As of late July, Japan had seven operating reactors, with three others offline due to maintenance. Public opinion on nuclear power has been changing in the face of soaring utility bills.

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