4 Japan Nuclear Power Plants to be Decommissioned

Tokyo Electric Power Co. <9501> Chairman Tsunehisa Katsumata on Wednesday showed the company’s intention to decommission the No. 1 to 4 reactors of its disaster-damaged Fukushima No. 1 nuclear power plant in northeastern Japan.

Katsumata said at a news conference that the firm will probably have no choice but to scrap the four troubled reactors as corrosive seawater has been used to cool them.

Tokyo Electric Power will be the first Japanese power supplier to scrap a nuclear reactor because of an accident. The four reactors will be scrapped after they are fully cooled and radiation is contained, Katsumata said.

Radioactive substances continue leaking from the power plant in Fukushima Prefecture, which suffered heavy damage from giant tsunami caused by the 9.0-magnitude earthquake in the Tohoku northeastern Japan region on March 11.

At the beginning of the news conference, Katsumata apologized for the radiation leak and other accidents at the plant.

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