Japan's Mitsubishi Heavy to develop next-gen nuclear reactor with 4 utilities (updated)

Shikoku Electric Power

29/09/2022 06:08

(Changes attribution to company)
       TOKYO, Sept 29 (Reuters) - Japan's Mitsubishi Heavy
Industries  7011.T  is joining hands with four utilities,
including Kansai Electric Power Co  9503.T , to develop a
next-generation nuclear power reactor, the company said on
Thursday. 
    Hokkaido Electric Power Co  9509.T , Shikoku Electric Power
Co  9507.T  and Kyushu Electric Power Co  9508.T  are also in
the consortium behind the concept and design of "SRZ-1200", a
1.2-million-kilowatt advanced light water reactor, it added.
    In August, Prime Minister Fumio Kishida urged the restart of
more idled nuclear plants and a fresh look at developing
next-generation reactors, in a major shift of nuclear energy
policy a decade after the Fukushima disaster.  urn:newsml:reuters.com:*:nL1N300062
    The consortium aims for mid-2030 completion of the project
for reactors that are safer than the current pressurised water
type, the Nikkei Business magazine said earlier on Thursday.
 (Reporting by Chang-Ran Kim and Kantaro Komiya; Editing by
Muralikumar Anantharaman and Clarence Fernandez)
 ((ran.kim@thomsonreuters.com; +81-3-4520-1228))