Japanese regulator casts doubt on TEPCO nuclear plant restart
Operations at the seven-reactor plant in Niigata Prefecture have been suspended due to deficiencies in Tokyo Electric Power Co.’s antiterrorism measures.
Operations at the seven-reactor plant in Niigata Prefecture have been suspended due to deficiencies in Tokyo Electric Power Co.’s antiterrorism measures.
Many companies, the majority of them Chinese, have established facilities in the country to manufacture solar cells and modules.
The increases come a week after local oil companies cut their prices by P1.30 (diesel), P0.70 (gasoline) and P1.80 (kerosene).
The project is set to generate revenue in foreign currencies to the Lao government, and create jobs for local people during the construction and operation periods.
Though officially still kept under tight wraps, the agreement has lately been published by a news portal and a number of whistleblowers in public interest.
The hike in electricity comes in line with the commitment made to the International Monetary Fund for a $4.7 billion loan programme.
The jump in approvals, paradoxically, comes as China is dramatically ramping up investment in renewable energy, especially wind and solar.
It seems the price of coal to be purchased as fuel for the project has emerged as the prime bone of contention.
The trial, which began on Feb 15, is expected to generate enough electricity to meet the annual power consumption of about 260 households in the Tohoku region.
Despite a rapid expansion, the country's development of renewable energy still faces challenges, such as the lack of a power transmission grid in some regions.