. GPS News .




.
CIVIL NUCLEAR
Japan's offline reactors send utilities into red
by Staff Writers
Tokyo (AFP) April 27, 2012


Japanese electricity companies said Friday they had booked multi-billion dollar losses in the last year after the Fukushima disaster shuttered nuclear power plants and ramped up fossil fuel use.

Kansai Electric Power said it incurred a net loss of 242.26 billion yen ($3 billion) turning around from a year-before profit of 123.14 billion yen.

Operating loss came to 229.39 billion yen, despite the fact that revenue had inched up 1.5 percent to 2.81 trillion yen.

"Operating costs surged from the year before with the lower utilisation rate of nuclear power plants and higher fuel prices pushing up costs of thermal power generation and of electricity purchases from other companies," it said.

All but one of Japan's nuclear reactors are offline amid a lingering public distrust of the technology after last year's tsunami-sparked crisis at Fukushima.

Japanese power companies have warned a hot summer could bring blackouts for some areas unless nuclear plants are re-started. The shortfall is expected to be particularly severe in western Japan, the region partially served by Kansai Electric Power.

Hokkaido Electric Power, which until it flicks the switch on May 5 is the only company with a reactor still working, reported a net loss of 72.07 billion yen, reversing a profit of 11.98 billion yen in the previous year.

Tohoku Electric Power, based in the nation's northeast devastated in the March 2011 earthquake and tsunami, said its net loss grew to 231.91 billion yen in the year to March 2012 from 33.71 billion yen in the previous year.

Tokyo Electric Power, the operator of the crippled Fukushima Daiichi plant, is struggling to rehabilitate itself with government assistance.

Related Links
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at Energy-Daily.com




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



CIVIL NUCLEAR
Westinghouse And Ameren Missouri Partner To Develop And License SMR Technology
Jefferson City MO (SPX) Apr 26, 2012
Westinghouse Electric Company and Ameren Missouri have entered into an agreement to respond collaboratively to the United States Department of Energy (DOE) Funding Opportunity Announcement (FOA) for developing and licensing the Westinghouse Small Modular Reactor (SMR). Under the terms of the agreement, Ameren Missouri will become part of and co-chair a Westinghouse-led Utility Participatio ... read more


CIVIL NUCLEAR
Drought-resistant Argentine soy raises hopes, concerns

Brazilian farming association to open office in China

Autumn advantage for invasive plants in eastern United States

Hong Kong suspends poultry imports from China province

CIVIL NUCLEAR
With new design, bulk semiconductor proves it can take the heat

Electron politics: Physicists probe organization at the quantum level

X-rays reveal molecular arrangements for better printable electronics

DNA origami puts a smart lid on solid-state nanopore sensors

CIVIL NUCLEAR
China Eastern to buy 20 Boeing 777-300s

JAL could go public again in July 2012: report

All Nippon Airways boosts profit, sales forecast

Slovenian adventurer ends eco-friendly trip around the world

CIVIL NUCLEAR
Foreign carmakers 'pressed' to launch China brands

Vibrating Steering Wheel Guides Drivers While Keeping Their Eyes on the Road

Japan's Honda Motor full-year net profit down 60.4%

Japan's Mitsubishi Motors posts 53% profit rise

CIVIL NUCLEAR
Disgraced China boss's son drove Porsche: report

Peru in final talks for huge gold mine

US urges financial reform in China ahead of talks

Ahead of talks, US urges financial reform in China

CIVIL NUCLEAR
Bolivian natives begin new march in road protest

Do urban 'heat islands' hint at trees of future?

Palms reveal the significance of climate change for tropical biodiversity

Rousseff pressed to veto Brazil forestry law

CIVIL NUCLEAR
Risat-1 catapults India into a select group of nations

NASA's Landsat Satellites See Texas Crop Circles

Google blasts FCC handling of 'Street View' probe

Latest CryoSat result revealed

CIVIL NUCLEAR
First Atomic-Scale Real-Time Movies of Platinum Nanocrystal Growth in Liquids

Nanodot-based memory sets new world speed record

Nanocrystal-coated fibers might reduce wasted energy

High-res atomic imaging of specimens in liquid by TEM using graphene liquid cell


Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement