Thursday, April 14, 2011

Hitachi, Toshiba Bid To Clean Up Fukushima Mess

From Companies Vie for Plant-Closing Job by Juro Osawa and Rebecca Smith, Wall Street Journal

Two Japanese corporate giants submitted preliminary plans to conduct the long-term shutdown of the crippled Fukushima Daiichi nuclear-power complex, introducing a cast of players who stand to be active at the site for decades.

Toshiba Corp. and Hitachi Ltd. each confirmed that they have crafted separate plans—each supported by U.S. contractors—to shut down the complex once the plant operator has successfully cooled the reactors and brought them under control. Though the plans are preliminary and don't represent formal bids for work, they begin to suggest the long, expensive process that lies ahead for the Japanese government and plant operator Tokyo Electric Power Co. as they look to bring Japan's nuclear crisis to a close.

Hitachi said Wednesday that it submitted last week a long-term plan to decommission the damaged nuclear plant. Hitachi said it voluntarily submitted the proposal after compiling it with help from its nuclear business partner General Electric Co. and two other U.S. companies, Exelon Corp. and Bechtel Corp.

Hitachi didn't say how long it would take to implement all the measures, but "generally speaking, such a process could take about 30 years to complete," said spokesman Masanao Sato.

The submission came four days after Toshiba offered its own long-term plan for decommissioning the plant. Unlike Hitachi's voluntary submission, Toshiba's plan was a response to Tepco's earlier request for information on how to remove possibly damaged fuel from the plant and safely transport it to another location.

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