Japan crisis hits global nuclear sector; may boost green power

Switzerland put on hold some approvals for nuclear power plants and Germany cast doubts about its industry after the Japanese nuclear crisis, raising questions over the future of the global sector.

Taiwan's state-run Taipower also said it was studying plans to cut nuclear power output.

The crisis at the quake-hit Fukushima nuclear power complex north of Tokyo is likely to increase opposition to major nuclear expansion in Europe and hurt a renaissance for the sector in the United States, which already has more than 100 reactors.

Swiss Energy Minister Doris Leuthard suspended the approvals process for three nuclear power stations so safety standards can be revisited after the crisis in Japan.

Read Full Article from Reuters

- Posted: 2011-03-14 09:41:24

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