12/22/2011 ,Tepco announced they are planning to raise the price of electricity.
They had a “surprise” press conference in AM of 12/22/2011 ,only corrupted newspaper companies ,such as Nikkei ,Jiji ,or Asahi were informed in advance to exclude freelance journalists.
They attended at the conference to give Tepco supportive questions.
It’s not decided how much they will raise or when they will raise the price.
Tepco is given a “unique” way of accounting.
They are not going to change the unfair system of accounting ,but they estimated fuel cost will increase by 800,000,000,000 JPY because they have to depend on steam-power generation instead of nuclear so they need to raise the price.
Raised electricity price is supposed to cover
Incentive for the employees to buy the company stock themselves
Interest of employees’ savings scheme (8.5%)
Nishizawa ,the president of Tepco talks ,Tepco is given the right to raise the price.
They are taking advantage of the fact that the electricity industry is dominated ,so citizens and companies must depend on Tepco.
This website updates the latest news about the Fukushima nuclear plant and also archives the past news from 2011. Because it's always updated and added live, articles, categories and the tags are not necessarily fitted in the latest format.
I am the writer of this website. About page remains in 2014. This is because my memory about 311 was clearer than now, 2023, and I think it can have a historical value. Now I'm living in Romania with 3 cats as an independent data scientist.
Actually, nothing has progressed in the plant since 2011. We still don't even know what is going on inside. They must keep cooling the crippled reactors by water, but additionally groundwater keeps flowing into the reactor buildings from the broken parts. This is why highly contaminated water is always produced more than it can circulate. Tepco is planning to officially discharge this water to the Pacific but Tritium is still remaining in it. They dilute this with seawater so that it is legally safe, but scientifically the same amount of radioactive tritium is contained. They say it is safe to discharge, but none of them have drunk it.