Nuclear rods likely melted: TEPCO

Fukushima Nuclear Crisis: TEPCO reports low cooling water, fuel rods exposed, reactor pressure vessel levels, earthquake-tsunami damage, Naoto Kan's new energy policy, and a one-year independent panel probe, compensation framework and cooling system restoration efforts.

Nuclear fuel rods inside the No. 1 reactor of Japan's earthquake-crippled Fukushima Daiichi power plant likely melted, the facility's owner said.

Tokyo Electric Power Co. said the rods may have melted after being fully exposed because of a low level of cooling water, Kyodo News reported.

Workers have been inside the No. 1 reactor building for about two weeks, attempting to restore its cooling system, which was knocked in the country's March 11 earthquake-tsunami disaster, the report said.

New data showed the water level in the pressure vessel needed to keep the fuel rods cool is lower than earlier thought.

Efforts to restore normal cooling in the reactor have been progressing, the utility has said, even as four of six reactors are considered write-offs.

Separately, Kyodo quoted government sources as saying a planned investigation into the Fukushima nuclear crisis will take about a year.

An independent panel to investigate the crisis will have about 10 members, including scholars, legal experts and people from Fukushima prefecture where the plant is located.

As the recovery effort entered a third month, Prime Minister Naoto Kan said Japan will abandon plans to build new nuclear reactors amid a long-debated nuclear safety myth in Japan and will "start from scratch" to come up with a new energy policy. Last year, the government announced plans to build 14 more nuclear reactors by 2030 to increase the share of nuclear power in Japan's electricity supply to 50 percent.

The government was working on a compensation plan to help Tokyo Electric Power meet its payments to compensate those affected by the crisis. The cost could run into the billions of dollars.

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