Tepco FT today11 Jun 2018 10:17
"Shares in Tokyo Electric Power Company jumped as much as 8.8 per cent on Monday after the election of a new governor fuelled fresh optimism over the potential restart of a major nuclear power facility in the area.�
Hideyo Hanazumi, backed by Prime Minister Shinzo Abe�s ruling Liberal Democratic Party, won the Niigata governor�s election on Sunday. His predecessor, Ryuichi Yoneyama, was a firm opponent of restarting Kashiwazaki-Kariwa, the world�s largest nuclear generating site, which was shut down after the after the 2011 Fukushima disaster.�
The restart of Kashiwazaki-Kariwa�s seven nuclear reactors, located on Japan�s largest island, was approved by the Nuclear Regulation Authority in 2017 after years of effort by Tepco to convince officials the facilities were safe to operate."�
Potentially more good news and more demand for fuel at a time when BKY is coming on stream and Yellow Cake is listing in London.