July 04, 2013

Energy companies in Japan have been hit by falling value of yen and high costs of fossil fuels

"Japan’s power companies have been badly hit by the surging cost of producing electricity from fossil fuel alternatives since their reactors were shut down. Resource-poor Japan has to import the coal, gas and oil it is using to replace nuclear generating capacity and the falling value of the yen has pushed up the relative cost of those dollar-priced commodities."

Source: Last two Japan nuclear reactors can stay online
July 4th 2013
Japan Today

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