The NRA panel of experts was supposed to decide today if the Oi nuclear plant would be allowed to continue operating or not. Instead of a decision they have decided upon more tests.
TEPCO says it needs $125 billion USD to continue making compensation payments and to cover the cost of decontaminating areas covered in fallout from the leaking nuclear plant. This amount is equal to 2% of Japan’s GDP. A recent video stated these costs were only to cover possibly the next two years. Some experts said the constant need for huge sums of money to deal with the nuclear disaster would turn TEPCO into a “shell” that exists only as a vehicle to deal with the disaster. By contrast the Price Anderson Act in the US, a law that caps nuclear plant liability limits nuclear company payouts to $12 billion USD for the entire industry. Any remaining costs would become the burden of the taxpayer. Japan has fallen into that situation without such a law. TEPCO’s new request for money does not include costs to manage and decommission the destroyed nuclear plant.
TEPCO announced they shut off the cooling system for unit 3’s spent fuel pool in order to check the pool clarity as they prepare for debris removal in the pool. TEPCO claims the heat up calculation will keep it under the maximum allowed 65 degrees while it is out of service until November 10th. TEPCO did not explain why they needed so many days to review pool clarity.
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