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Thursday
Dec012011

Tepco cancels two proposed new reactors due to Fukushima nuclear catastrophe financial hardships

The Yomiuri Shimbun reports that Tokyo Electric Power Company (Tepco) has "pulled the plug" on the Higashidori nuclear power plant reactor unit #1 in Aomori Prefecture at the northern tip of Japan's main island, Honshu. Construction had begun on the proposed 1,390 megawatt-electric General Electric-Hitachi Advanced Boiling Water Reactor last January, which would have been one of the single biggest atomic reactors on the planet. Tepco likewise has cancelled reactor unit #2, still in the planning stages, at the same site. Tepco cited its financial hardships in the wake of the Fukushima nuclear catastrophe as the reason why.

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