Tokyo Electric Power Co . for the first time defended its response to the crisis at the Fukushima Dai-Ichi nuclear power plant, with Chairman Tsunehisa Katsumata rejecting claims the utility was slow to react.
Tokyo Electric Power Co .’s choice of a 36-year company veteran to resolve the worst nuclear crisis since Chernobyl and avert bankruptcy prompted calls for the government to take a more direct role in managing the utility.
Tokyo Electric Power Co. plans to seek government approval to start a nuclear reactor shut after a 2007 earthquake to help ease power shortages, while the utility battles radiation leaks from its Fukushima Dai-Ichi station.
Tokyo Electric Power Co. President Masataka Shimizu told Japanese lawmakers he hasn’t decided when to resign to take responsbility for the crisis at the company’s Fukushima Dai-Ichi nuclear plant. Shimizu was asked by lawmaker Teruhiko Mashiko when he will resign while appearing today before a budget committee of the Japanese parliament.
Tokyo Electric Power Co . said fuel in other reactors at its damaged nuclear plant may have melted, after confirming rods in the No. 1 unit had fallen from their assembly, potentially delaying plans to resolve the crisis.
The worst case. These three words have been at the back of everyone’s mind ever since the Fukushima reactors began malfunctioning after being swamped by a tsunami. Remarkably, these reactors have been at the front of few experts’ mouths.
Tokyo Electric Power Co. President Masataka Shimizu is facing calls to quit after the crisis at the utility’s Fukushima Dai-Ichi nuclear plant capped a tenure that has seen $29 billion wiped off the company’s market value.
Former Japanese Prime Minister Naoto Kan said concern that Tokyo Electric Power Co. may evacuate all workers from its Fukushima atomic plant after last year’s quake and tsunami prompted him to create a joint response center.