The world's largest Kashiwazaki Kariwa atomic power plant in Japan is going to restore electricity production this year after a decade break due to a Fukimen NPP accident.
This solution aims to reduce electricity costs in Japan. Electricity production at NPPs Kashiwazaki Kariwa will begin in October. This will be the first case where the nuclear reactor will be used under the new safety rules introduced after the Fukushima-1 NPP accident in 2011, which led to the suspension of nuclear generation in Japan.
Japan hopes to accelerate reactors to reduce electricity costs, provide stable supply and reduce greenhouse gas emissions. Last month, a permit to load fuel into the reactor in the prefecture of Niigat was obtained.
Kashiwazaki Kariwa NPPs have seven power units with a total capacity of about 8 gigawatts. Restarting power unit # 7 is part of a plan for restarting five reactors across the country by 2025, which is not yet in line with the goals of the government, which plans that by 2030, nuclear power will be about a fifth of the energy balance.
It is expected that the average monthly electricity prices will be reduced by 11% in 2024 compared to the previous year, since demand remains low, and the restart of the NPP and new wind and solar power plants increase supply.