News About Japan

People in Japan can soon see higher electric bills, because Tokyo Electric Power Co. must pay compensations due to the Fukushima nuclear power plant accident. Total amount of compensation will reach 4 trillion yen and TEPCO is expected to cover about half of that. For TEPCO, that may mean around 20% increase in rates. TEPCO [...]

Japan’s authorities say there is a plan to collect debris created by earthquake and tsunami and burn it to produce electricity for the Tohoku and Tokyo. Power stations can use the wooden debris from devastated towns and villages to help maintain electricity production during summer power shortfalls. Six electricity providers already declared they will take part [...]