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Niigata Governor Backs Restart of World’s Largest Nuclear Plant, Pending Regulator’s OK

The move positions TEPCO for its first post-Fukushima reactor return pending final regulatory sign-off.

Overview

  • Governor Hideyo Hanazumi said he will approve restarting the Kashiwazaki-Kariwa plant, with operation still contingent on the Nuclear Regulation Authority.
  • TEPCO plans a phased restart of reactors 6 and 7 totaling 2,710 megawatts after the site’s shutdown following the 2011 Fukushima disaster.
  • The operator has pledged 100 billion yen to local communities to foster support, though opposition from some residents continues.
  • Analysts estimate that bringing reactor 6 back early next year could cut Japan’s LNG demand by about one million tonnes, and TEPCO projects roughly 100 billion yen in annual profit per restarted unit.
  • Safety upgrades at the coastal complex include a 15-meter tsunami barrier, and Kashiwazaki-Kariwa would be TEPCO’s first plant to resume operations since Fukushima.