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Showing posts with label power. Show all posts
Showing posts with label power. Show all posts

You create to affected nuclear power plant in cold shutdown Japan declare

Written By Guru Cool on Tuesday, December 13, 2011 | 12:33 AM

 Release of evaporative condensation apparatus is within the desalination facility seen in the tsunami crippled Fukushima Daiichi nuclear power station in Fukushima Prefecture, in this handout recording 4. December 2011.IMG credit: Reuters/Tokyo Electric Power Co./handout
By Shinichi Saoshiro

TOKYO (Reuters) - Japan is located on Friday to explain that his tsunami-stricken Fukushima nuclear power plant cold shutdown has reached an important milestone in efforts under control passed world's worst nuclear accident since Chernobyl 25 years ago.

Fukushima Daiichi plant, 240 km (150 miles) northeast of Tokyo, was on 11 March a major earthquake and tsunami 10-meter high (33-ft high), the cooling system, triggering meltdowns and radiation leaks knocked destroyed.

Prime Minister Yoshihiko Noda is expected, that the achievement of one of the top goals of the Government at a press conference at 0900 GMT, known, but he can also warn that it decades, Fukushima that is completely shattered last six reactors.

Shut down too cold is cool under its boiling point, prevents that of fuel remains reheating, when water used nuclear fuel rods. One of the top goals of the investment manager, Tokyo electric power (Tepco), was too cold to bring the reactor closure until the end of the year.

After months of efforts, the temperature of water in all three of the affected reactors below boiling point from September, but Tepco was careful to declare a cold shutdown that say that see it, if temperatures and the amount of radiation from the plant has remained stable.

Declaring a cold shutdown have effects far beyond the plant: it's Government precondition before it approximately 80,000 residents evacuated within a radius of 20 km (12 miles) of the plant home can return.

NO GRAVE

TEPCO said earlier in the crisis that it do not want the damaged Daiichi reactors in concrete, which in the Ukraine, where reactors Chernobyl caught fire and burned dig days selected option. Instead it preferred the phasing out of nuclear fuel for storage elsewhere.

The Government and the Tepco you want to remove the undamaged nuclear rods of the Daiichi of spent fuel pools so early next year begin. With the complete dismantling of the plant expected to be up to 40 years, reported on Thursday start retrieving of fuel, which in their reactors melted up to but not for another decade, domestic media.

The enormous cost of the cleanup and compensation of the victims of the disaster has drained financial Tepco. Sources that can inject Government over $13 billion in the company already next summer in a de-facto nationalization told Reuters last week.

A massive cleanup task outside of the plant is Japan, if people are to go home. The Environment Ministry says about 2,400 km2 (930 miles) of land around the plant need to be decontaminated, an area about the size of Luxembourg.

Shocked the public believe the crisis in the nuclear energy and Japan checks its earlier plan to increase the share of electricity from nuclear energy to 50 per cent by the year 2030 by 30 percent in 2010 now.
Japan can not immediately walk away from nuclear energy, but few doubt that nuclear power in the future would play a lesser role.

Living in fear of radiation is part of life for the residents nearby and far from the plant. Cases of excessive radiation in the vegetables, tea, milk, fish and water have stoked fear despite assurances from public officials, that the levels detected not are dangerous.

Chernobyl experience has shown that fear will probably continue for many years, with local residents in the vicinity of the former Soviet factory to produce still regularly verified local for radiation before they consume 25 years after the disaster.

The announcement may not drastically Noda of support improve reviews by its unwavering commitment to a VAT hike to deal with a public debt twice the size of Japan's economy heavily eroded. Noda is also a huge list of other tasks, how such as help a stagnating economy address rise to historic highs against the yen.
(Editing by Tomasz Janowski and mark Bendeich)
12:33 AM | 0 comments

Greek PM's hold on power slips despite bailout bravado

Written By Guru Cool on Friday, November 4, 2011 | 2:07 PM

AppId is over the quota
AppId is over the quota
Greek Prime Minister George Papandreou delivers a speech to socialist lawmakers from his party in Athens November 3, 2011. REUTERS/Yiorgos Karahalis

1 of 6. Greek Prime Minister George Papandreou delivers a speech to socialist lawmakers from his party in Athens November 3, 2011.

Credit: Reuters/Yiorgos Karahalis

By Dina Kyriakidou and Lefteris Papadimas

ATHENS | Thu Nov 3, 2011 6:02pm EDT

ATHENS (Reuters) - Greek Prime Minister George Papandreou defied demands on Thursday that he resign over his decision to hold a referendum on the nation's euro zone bailout deal, calling instead for his party to unite for a confidence vote in the government.

But Papandreou's hold on power was slipping after two turbulent years, regardless of whether he wins the parliamentary vote. Government sources said he struck a deal with his ministers to step down and hand over to a negotiated coalition government if they helped him win on Friday.

Papandreou fought back off the ropes, saying the referendum plan which provoked uproar at home and around the euro zone had forced the opposition to accept the 130-billion-euro ($179 billion) rescue and its conditions -- a new wave of deep austerity.

But his public bravado appeared to mask an acceptance that his term as socialist premier, when he has imposed wave after wave of austerity, would come to an end after he had negotiated a coalition deal with the conservative opposition -- provided he survives Friday's vote, the government sources said.

Ministers involved in striking a deal with Papandreou were led by Finance Minister Evangelos Venizelos, saying he should go for the sake of their PASOK party, said the sources, who had knowledge of Thursday's meeting of the socialist cabinet.

LEAVE CALMLY

"He was told that he must leave calmly in order to save his party," one source told Reuters on condition of anonymity. "He agreed to step down. It was very civilized, with no acrimony."

Papandreou admitted he had made a mistake in calling on Monday for the referendum on a bailout package agreed with the euro zone only last week. German and French leaders summoned him to Cannes on Wednesday where they demanded Greece keep to the deal or decide whether it wanted to stay in the euro zone.

"Venizelos told him he must make a graceful exit both for his sake and for the party's sake and that the ministers would help him do it," the source said. "This is provided he survives the confidence vote, which is not at all certain."

Greeks have fiercely opposed the spending cuts, tax rises and job losses which have been the price of financial aid from the IMF and the European Union to tackle the nation's huge debt and budget deficit. This has led to a wave of strikes and outbreaks of violence on the streets of Athens.

Analysts declared the referendum idea dead, a relief to euro zone leaders. A no vote would have sunk a deal which is supposed to prevent Greece's debt crisis from dragging down far bigger European economies such as Italy and Spain.

But the analysts also questioned whether Papandreou can survive Friday's confidence vote.

Events in Athens gathered speed a day after Papandreou held the meeting in Cannes with the German and French leaders, who told him Greece would not receive a cent more in aid until it voted to meet its commitments under the bailout deal.

The specter of a precipitous Greek default and euro exit hung over a meeting of G20 leaders beginning in Cannes on Thursday.

The French Riviera summit had been meant to focus on reforms of the global monetary system and steps to curb speculative capital flows but the shock waves from Greece upended the talks.

DODGING DEMANDS

Papandreou earlier dodged demands for his resignation when he addressed his PASOK party. But opposition leader Antonis Samaras said Papandreou had told him he would not quit.

Papandreou defended putting the bailout to the Greek people, and flatly rejected suggestions by European leaders the nation had to decide simply whether it wanted to stay in the euro or leave it.

"We would never choose to hold a referendum on whether we leave or stay in the euro. It's not something you can ask the Greek people about. It is self-evident (they want to stay)," he told a meeting of lawmakers of his socialist party PASOK.

"I trust the wisdom and the maturity of the Greek people and I trust them ... I'm not saying this romantically, I deeply believe in democracy."

He did offer to drop the referendum if the opposition backed the bailout in parliament, trying to turn the tables on the conservative New Democracy party which called for him to make way for a transitional government and early elections.

He hailed his referendum proposal for forcing Samaras to drop his long-standing opposition to the bailout package.

"I am pleased that opening the discussion through the referendum delivered a positive, creative shock," he said. "If the opposition comes to the table to back the bailout, a referendum is not needed."

Papandreou called for his party to rally behind him in the confidence vote. "Tomorrow's vote is of great importance. It will guarantee how we will continue, our next steps," he said. "There must be stability of this parliamentary group regardless of whatever discussion we hold with other parties."

Papandreou is in grave danger of losing the parliamentary vote of confidence on Friday as defections shrink his support. One PASOK lawmaker said she would not support the government, cutting its majority for that vote to just one.

PASOK has 152 deputies in the 300-member parliament. Lawmaker Eva Kaili announced she would stay in the party but refused to support the confidence vote, meaning Papandreou could count at most on the support of 151 deputies.

One analyst rated Papandreou's chances as slim. "The prime minister's position is very difficult, since he chose not to respond to the opposition's proposal for a transitional coalition government. Therefore I believe that it is unlikely that he will win the vote tomorrow," said the head of ALCO pollsters, Costas Panagopoulos.

"This day had one very positive result, the withdrawal of the prime minister's proposal for a referendum. This is over, it's a dead issue. This is very positive for Greece and a great relief."

BREAKING RANKS

Venizelos broke ranks with Papandreou early in the day, coming out against holding the referendum after the meeting with the German and French leaders.

Venizelos, one of the most powerful men in the PASOK government, originally supported Papandreou's plan. He changed his mind after he and Papandreou attended the emergency summit in Cannes on Wednesday with German Chancellor Angela Merkel and French President Nicolas Sarkozy.

A finance ministry source told Reuters on condition of anonymity that Venizelos believed the vote on the bailout should not be held while eight billion euros in immediate funding to keep Greece afloat still had to be secured.

"Under these conditions a referendum is exactly what the country does not need. He would not have objections if all our pending issues such as the loan installment and the completion of the bailout plan had been sorted out," the source said after the meeting with Merkel and Sarkozy.

"It was a very difficult meeting," the source added. ($1 = 0.725 Euros)

(Additional reporting by Reuters Athens bureau; Writing by David Stamp; Editing by Sophie Hares)

2:07 PM | 0 comments

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