After more than a decade since the Fukushima nuclear disaster, Japan’s Prime Minister Fumio Kishida has announced the government will move to restart idled nuclear power plants throughout the country.
Despite opposition, the country's nuclear power program faces brighter prospects under the new administration as president-elect Ferdinand Marcos Jr. openly supports the inclusion of nuclear power in the energy mix. The adoption of nuclear power, as well as revisiting the mothballed 620-megawatt (MW) Bataan Nuclear Power Plant (BNPP), was a campaign promise of Marcos and his
Korea s leading firms are fortifying investments in their nuclear power businesses, propelled by the rapidly elevated standing of the long-shunned power source at the recent Korea-U.S. summit, according to market watchers, Wednesday. During their three-day summit, Presidents Yoon Suk-yeol and Joe Biden reaffirmed their commitment to the development and advancement of a cheaper, affordable and stable source of energy, alongside strengthened overall cooperation in semiconductor and battery manufacturing. The new priority of the joint economic alliance underscores the rare momentum for both countries, a sign many firms characterize as a stable corporate growth opportunity to overcome years of setbacks due to the COVID-19 pandemic. Also anchoring the optimism are new energy policy directives by the Yoon administration to scrap the nuclear phase-out policy of the .
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