Blog Archive

Friday, 27 June 2014

TEPCO are Sorry?.. votes down motions to abandon nuclear power at shareholder meeting, other utilities follow suit


Jun 26,2014

TOKYO, June 26 (Xinhua) -- 
Tokyo Electric Power Co. (TEPCO) vowed to its shareholders Thursday that it would push to restart its idled reactors under a new turnaround initiative, with the reactors at its Kashiwazaki-Kariwa plant in Niigata Prefecture, the world's largest nuclear complex, being viewed by the utility as indispensable to providing power in Japan and ensuring the company's survival. "Nuclear power is characterized as an important base-load power source in the nation's basic energy plan, and we see the Kashiwazaki-Kariwa plant as an important facility to secure a stable electricity supply," TEPCO's Executive Vice President, Hiroshi Yamaguchi, told an annual shareholders' meeting in Tokyo.
But the move by the embattled utility, still struggling to deal with a myriad of problems at its Daiichi plant in Fukushima Prefecture that underwent a triple-meltdown following a massive earthquake-triggered tsunami in 2011, came under fire from a contingent of furious shareholders and antinuclear campaigners calling for the scrapping of all of Japan's reactors.
Shareholders and campaigners demanded that TEPCO abandon its nuclear power ambitions, as scuffles broke out between security personnel and demonstrators outside of the Tokyo International Forum where the meeting was held.
[end snip]
Even with overwhelming Shareholder's Demanding the Pull out of Nuclear, they were voted down?

Full Article:

Post a Comment