Hitachi, Mitsubishi Heavy looks for closer ties
Hitachi and rival Toshiba Corp each submitted separate proposals for the long-term decommissioning of the hobbled nuclear plant earlier this month, a process experts say could take more than a decade and cost up to $19 billion.
Hitachi has also enlisted the help of overseas firms including General Electric Co GE in its bid to win the decommissioning order, while Toshiba is being aided by Babcock & Wilcox Co and Shaw Group Inc.
Hitachi and Mitsubishi Heavy, which already have business ties, said they are looking at ways to work together to help improve conditions at the plant and aid operator Tokyo Electric Power Co and the government.
Radiation leaks from the northern Japan plant, which was severely damaged by the massive earthquake and tsunami on March 11, have made it the world's worst nuclear crisis since the Chernobyl disaster 25 years ago.
Toshiba manufactured two of the Fukushima Daiichi reactors by itself and two jointly with GE. Hitachi manufactured another, with a sixth supplied by GE.
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Low-carbon electricity output from wind, solar, nuclear, hydro and biomass rose by just 1 terawatt hour (TWh, less than 1%) in 2019. It represents the smallest annual increase in a decade, where annual growth averaged 9TWh. This growth will need to double in the 2020s to meet UK climate targets while replacing old nuclear plants as they retire.
Some 54% of UK electricity generation in 2019 came from low-carbon sources, including 37% from renewables and 20% from wind alone. A record-low 43%…
