Hi Mossey and Sir Knight,
Japan shuts down 'dream reactor' that cost US$9 bn. Is it a good or bad news to SLX? Their concerns are mostly the safety standards.
http://news.rthk.hk/rthk/en/component/k2/1303534-20161221.htm
Japan shuts down 'dream reactor' that cost US$9 bn
2016-12-21 HKT 14:50
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The experimental fast-breeder nuclear reactor operated only 250 days since it started up 22 years ago. File photo: AFP
Japan has decided to shut down an experimental fast-breeder nuclear reactor that drained government finances for years without living up to hopes it would be a saviour for the resource-poor country's energy needs.
Government ministers decided on Wednesday to scrap the trouble-plagued "Monju" reactor.
It has cost Japan about 1 trillion yen (US$9 billion) while operating only 250 days since it started up 22 years ago.
The so-called "dream reactor" was designed to burn a plutonium-uranium mix, while producing more plutonium in the process that could be converted into more nuclear fuel.
It costs 20 billion yen a year to maintain Monju, and would have required costly upgrades to meet new safety standards introduced after meltdowns at a nuclear plant in Fukushima that was flooded by a tsunami in 2011. (AP)
Japan shuts down "Dream Reactor" that costed US$9 bn
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