Japan’s Hamoka Nuclear Plant to Close

8 May 2011 (Last Updated May 8th, 2011 18:30)

Japan's Chubu Electric Power plans to close its Hamoka nuclear plant in central Japan due to its vulnerability to major earthquakes. The move comes in line with Japanese Prime Minister Naoto Kan's plans to review its energy policy. Chubu Electric said the company can still me

Japan's Chubu Electric Power plans to close its Hamoka nuclear plant in central Japan due to its vulnerability to major earthquakes.

The move comes in line with Japanese Prime Minister Naoto Kan's plans to review its energy policy.

Chubu Electric said the company can still meet the peak demand of 25,600MW after the plants closure.

However, the dependence on thermal plants to fill the power gap would increase costs by 700m yen ($8.7m) a day or about 256bn yen ($3.18bn) a year, reports Reuters.