(MENAFN- ProactiveInvestors)
They may have been closed since 2011 but Japanese utility Kyushu Electric Power will restart its two nuclear power reactors at Sandei in the next couple of weeks.
Reports are that fuel loading will commence next month placing a timeline of the plants once again being onstream in August.
Nuclear power at its peak accounted for close to a third of Japan's power before reducing to zero after the Fukushima tragedy.
Currently 43 reactors are operable and potentially able to restart and 24 of these are in the process of restart approvals
Powering up
Nuclear power around the globe is gaining momentum with the British and French governments having announced a nuclear power cooperation agreement.
France continues to derive some 75% of its electricity from nuclear power.
Saudi Arabia is proposing to build 16 reactors by 2030 and the Czech Republic is expected to increase the share of nuclear power in its electricity generation mix to between 46% and 58% by 2040.
China is on track to increase its nuclear capacity to 58 gigawatts equivalent by 2020 from the current 23GWe while India has reiterated plans to increase its capacity 14 fold to 63GWe in 2032.
Cameco Corporation (TSX:CCO NYSE:CCJ) announced in April that it will provide the Department of Atomic Energy of India with 7.1 million pounds of uranium concentrate through to 2020 under a C$350 million deal.
Proactive Investors Australia is the market leader in producing news articles and research reports on ASX emerging companies with distribution in Australia UK North America and Hong Kong / China.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.