Still Reeling From Fukushima Fallout, TEPCO Seeks Better Fortunes in Grid Edge Innovation

By [email protected] When the nuclear reactors at Fukushima Daiichi melted down in 2011, they set into motion unforeseen events around the world.

Locally, the radiation forced evacuation of some 154,000 residents of the surrounding countryside. Internationally, the disaster became a rallying cry for anti-nuclear advocates, bolstering efforts to decommission reactors from Germany to California.

In the electricity business, this disaster nearly bankrupted the Tokyo Electric Power Company, which owns the Fukushima facility. TEPCO serves some 29 million customers in Tokyo and surrounding areas, making it the country’s largest utility and one of the largest in the world.

The government stepped in to bail out

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