Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Tokyo  >  Tokyo Electric Power Company Holding Inc    9501   JP3585800000

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Tokyo Electric Power : Fukushima's ice wall nearing completion

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/23/2017 | 05:58am CET

FUKUSHIMA'S operator yesterday started freezing the last section of a US$320 million ice wall designed to combat widespread water contamination at the site of the worst nuclear accident in a generation.

Tokyo Electric Power Co (TEPCO) began pumping coolant into the remaining 7 meters of its 1.5-kilometer underground wall which encircles the four reactors along Japan's northeast coast.

Underground pipes circulate the coolant and freeze soil around the buildings.

The 30-meter-deep wall is designed to block underground water from nearby mountains from flowing into the complex and seeping into the Pacific.

It is expected to take more than two months until the wall is completely frozen.

The utility has been building the barrier since March 2016 with the government picking up its 34.5 billion yen price tag.

Even now, with the ice wall almost complete, about 140 tons of underground water flows into the plant daily, forcing the company to pump it out and store it in on-site tanks.

"When the ice wall is completed, we estimate that the amount of underground water flowing into the complex will be less than 100 tons," a company spokesman said.

But some experts have cast doubt on the ice wall, and the country's Nuclear Regulation Authority said it has not yet done an independent analysis.

"We doubt the ice wall is going to be as effective as TEPCO claims it will be," said an NRA official who requested anonymity.

"We're going to monitor its progress after it is finished to check the impact."

In June, NRA acting chief Toyoshi Fuketa publicly accused TEPCO of lying about the wall's effectiveness.

The same month, three former company executives went on trial, facing the only criminal charges laid in the accident.

On March 11, 2011, a 9.0-magnitude undersea earthquake off Japan's northeast coast sparked a massive tsunami that destroyed entire towns and villages along the Pacific shore, leaving nearly 18,500 people dead or missing.

The huge flow of water overwhelmed cooling systems at the Fukushima Dai-ichi plant, about 220km northeast of Tokyo, causing meltdowns in three reactors in the worst nuclear disaster since Chernobyl in 1986.

Workers had to keep pouring water onto the reactors to prevent the temperature of the nuclear fuel from rising uncontrollably.

Storing and treating that radioactive water continues to be a daily struggle with the cleanup expected to take decades.

(c) 2017 Shanghai Daily Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TOKYO ELECTRIC POWER COMPA
06:29a TOKYO ELECTRIC POWER : TEPCO Launches Second Edition of Free Electrons Global St..
12/11 TOKYO ELECTRIC POWER : Tepco takes 50 percent stake in a renewable energy system..
12/08 TOKYO ELECTRIC POWER : TEPCO Takes 50 Percent Stake in Battery Storage Project o..
12/08 TOKYO ELECTRIC POWER : Tepco takes 50 percent stake in a battery storage project..
12/06 TOKYO ELECTRIC POWER : Evaluation of Exposure Dose of Workers at Fukushima Daiic..
12/04 TOKYO ELECTRIC POWER : Tepco mulls halving domestic branches to streamline busin..
11/30 TOKYO ELECTRIC POWER : Fuel Cost Adjustment in Electricity Rates for January 201..
11/23 TOKYO ELECTRIC POWER : International Atomic Energy Agency (IAEA) Operational Saf..
11/22 TOKYO ELECTRIC POWER : International Atomic Energy Agency (IAEA) Operational Saf..
11/22 TOKYO ELECTRIC POWER : Financial Assistance from the Nuclear Damage Compensation..
More news
News from SeekingAlpha
10/31 Tokyo Electric Power Company Holdings ADR reports 1H results
10/17 Kobe Steel Fallout And The Impact On Domestic Steel Firms
10/04 Tepco wins safety approval for first reactor restart since Fukushima
09/07 Tepco could get restart OK for world's largest nuclear plant, reports say
07/28 Tokyo Electric Power Company Holdings ADR reports Q1 results
Financials ( JPY)
Sales 2018 5 705 B
EBIT 2018 -
Net income 2018 252 B
Debt 2018 5 555 B
Yield 2018 -
P/E ratio 2018 3,59
P/E ratio 2019 4,04
EV / Sales 2018 1,10x
EV / Sales 2019 1,08x
Capitalization 731 B
Chart TOKYO ELECTRIC POWER COMPA
Duration : Period :
Tokyo Electric Power Compa Technical Analysis Chart | 9501 | JP3585800000 | 4-Traders
Technical analysis trends TOKYO ELECTRIC POWER COMPA
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 4
Average target price 483  JPY
Spread / Average Target 6,2%
EPS Revisions
Managers
NameTitle
Tomoaki Kobayakawa President & Director
Takashi Kawamura Chairman
Toshihiro Sano Director
Yuji Masuda Director
Toshiro Takebe Director
Sector and Competitors
1st jan.Capitalization (M$)
TOKYO ELECTRIC POWER COMPANY HOLDING INC-3.18%6 443
DUKE ENERGY CORP13.24%61 855
DOMINION ENERGY INC9.26%54 147
SOUTHERN CO4.35%51 867
IBERDROLA7.75%49 944
EXELON CORPORATION14.99%40 279