JAPAN ATOMIC INDUSTRIAL FORUM, INC.

for Japanese

ATOMS in JAPAN

22 November, 2016

Committee Examines Lifting of Compensation Amount for Electric Power Utilities’ Unlimited Liability

On November 16, the 15th meeting was held of a special committee of the Japan Atomic Energy Commission (JAEC), looking into the issue of Japan's nuclear damage compensation system.

If the current system of unlimited liability is maintained—with no upper limit established for the compensation burden on electric power utilities—it has been pointed out that the maximum sum for compensation measures, now set at JPY120 billion (USD1.08 billion at USD1=JPY110.56), needs to be raised. The development of the specific system for that will be thrashed out at the next meeting and thereafter.

The current system requires the power utilities to take out insurance, with the maximum amount of capital set aside for the compensation set at JPY120 billion (USD1.08 billion). However, given that the amount of compensation has already reached around six trillion yen (USD54.2 billion) in the case of the March 2011 accident at the Fukushima Daiichi Nuclear Power Plants of the Tokyo Electric Power Co. (TEPCO), it is clear that those preparations are insufficient.

Japan’s electric power industry has called for limited liability, in which the national government would be responsible for any compensation payments above a certain level. However, it was determined that unless a power utility causing an accident maintains total responsibility to the end, it would be difficult to gain the understanding of the local residents in the vicinity as well as that of the whole nation.

Under Japan’s nuclear damage compensation law, nuclear power operators are responsible for the entire amount of compensation to an unlimited extent, no matter whether they have been negligent or not, except in cases of massive natural disasters. The accident at the Fukushima Daiichi was not classified as a “massive natural disaster” by the ruling Democratic Party at the time, causing TEPCO to bear indemnity liability, and forcing it into effective nationalization.

Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SNS facebooktwitter

NPPs Map

Video

Grossi on Fukushima: Marking a Decade Since the Accident

10 March, 2021
Grossi on Fukushima: Marking a Decade Since the Accident04:11

Recent News

17 September, 2021
NRA Permits Shimane-2 under New Regulatory Standards
14 September, 2021
IAEA Deputy Director General Evrard Visits Japan in Advance of Safety Review of ALPS-treated Water
1 September, 2021
Evaluation Report Issued by IAEA’s Review Mission to Fukushima Daiichi: First Visit since 2018
24 August, 2021
METI and IAEA Agree on Further Review Missions to Fukushima Daiichi
4 August, 2021
JAEA Restarts High-Temperature Engineering Test Reactor “HTTR”
2 August, 2021
Information about Fukushima Daiichi NPS Water Treatment
28 July, 2021
METI’s Committee Shows Rough Draft of Next Strategic Energy Plan
2 July, 2021
Mihama-3 Restarted After Decade-long Hiatus: First Restart in Japan of a Reactor Operating Beyond 40 Years
28 June, 2021
Mihama-3 Restarts after Decade-long Hiatus
25 June, 2021
New Canada-Japan Partnership Supports Greater Collaboration to Meet Climate Change Objectives and Net-zero Goals
24 June, 2021
METI Issues New Green Growth Strategy Through Achieving Carbon Neutrality
16 June, 2021
ANRE Sticks to “S+3E”
16 June, 2021
Japanese Cabinet Approves Environmental White Paper 2021
16 June, 2021
LDP Parliamentary Association to Reconfirm Position on Utilization of Nuclear Power
16 June, 2021
Fukui Governor Concerned about Deletion of Reference to “Maximum Utilization” of Nuclear Power
14 June, 2021
Working Group on Offshore Release of Treated Water Meets in Miyagi
14 June, 2021
NRA Considers Policy on Treating Slurry from ALPS, with Local Understanding Essential
11 June, 2021
Japanese Cabinet Approves Energy White Paper 2021
11 June, 2021
Government Omits Description of “Maximum Utilization” of Nuclear Power
9 June, 2021
MNF Hopes to Resume Fuel Production as Early as November
▲TOP