Fukushima Number One (Daichi) is the infamous reactor complex.
Fukushima Number Two (Daini) is seven miles down the coast and was also hit by the earthquake and tsunami. (Please see this striking images of the tsunami at Daini: http://depletedcranium.com/dainipics.jpg )
Fukushima Daini is in cold shutdown with all reactors intact. The cooling systems were badly damaged by the tsunami but the backups worked. The biggest difference between the two complexes was the safer (and 10-year newer, Gen II) reactor and safety system designs.
The message from Fukushima Daichi is that older, poorly designed nuclear power plants may be unsafe around earthquakes and tsunamis. Newer designs are very safe, even under these extreme conditions.
Germany should be building new Gen III reactors to replace the ones they are shutting down. IMO, common sense will out eventually, and nuclear power will live on in Germany.
Palladin and the other uranium miners will thrive when governments finally take a logical, dispassionate look at 21st-century nuclear power.
PDN Price at posting:
$3.17 Sentiment: LT Buy Disclosure: Not Held
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