Just wondering
Japanese Government bailed out/took over Tepco. They sacked a lot of senior management and replaced them with technocrats Japanese govt has a lot of money tied up in Tepco and they need Tepco to start making $$$. The only way to do this is to start bringing reactors back online
Tepco have secured lines of credit for $5.9 Billion contingent on restarting the 2 reactors they applied to restart in September
From yesterdays statement
The chairman of Japan's new Nuclear Regulatory Agency (NRA) has said Tepco must prove its cleanup operations at Fukushima are in order before its plan to fire up two reactors at the giant Kashiwazaki Kariwa plant on Japan's west coast can be approved.
Also from Tempco submission
"We will increase the workforce at Fukushima Daiichi nuclear power plant and make sure we have an accurate grasp of the situation, follow procedures, introduce proper communications and instructions needed to carry out competent management of the site," Tepco said in a statement after submitting a report to the regulator.
Prime Minister Shinzo Abe, making a successful pitch last month to stage the 2020 Olympic Games, declared the plant stable.
Its sounding like they are moving towards the restart.
http://www.reuters.com/article/2013/10/15/japan-fukushima-tepco-idUSL4N0I01EZ20131015
Possible double bottom yesterday?
feedback please
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