Friday, April 8, 2011

The Bizarro World of Tokyo Electric Power Corp

Washington Post: Wednesday, April 6, 12:45 AM

FUKUSHIMA, JAPAN — Even as it struggled to contain the world’s worst nuclear disaster in a quarter-century, Tokyo Electric Power Co. late last month quietly set out big plans for the future: It proposed building two new nuclear reactors at its radiation-spewing Fukushima Daiichi power plant.

Tokyo Electric, known as Tepco, informed Fukushima prefecture on March 26 of its desire to start building the reactors as early as next spring, local officials said. That was just two weeks after an explosion at the utility’s tsunami-crippled complex set off a cascade of catastrophes.

The proposal was then included in a formal report submitted to authorities in Tokyo on March 31 as part of an annual process designed to assess Japan’s future electricity supply. ...

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