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15 November 2024
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Hit by a $1 billion liability verdict in Japan, Hitachi negotiates new reactor deal with Lithuania

 
Lithuania’s planned new nuclear power plant is to be built by Japan’s Hitachi Corporation. Construction costs are expected to be at least € 3.0 to 5.0 billion ($ 4.5 to 7.4 billion).

A court in Tokyo has ruled Japan’s Hitachi liable for over $1 billion in damages resulting from an accident, and subsequent loss of profit, at Hamaoka Nuclear Power Plant’s (NPP) Hitachi-made ABWR reactor. Boiling reactors, to which the ABWR series belongs, have earned their share of infamy with Chernobyl’s explosion and the disaster at Fukushima– but they have also proven challenging both in operation and repairs. Still, Hitachi continues to promote ABWRs for export construction, including in Lithuania, where it hopes to build a new station to replace the shut-down Ignalina.

Read more:
http://www.bellona.org/articles/articles_2011/hitachi_lithuania

Category : News



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