Japan delays MOX nuclear fuel goal by 5 years

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TOKYO, June 12 | Fri Jun 12, 2009 6:29am EDT

TOKYO, June 12 (Reuters) - Japan's power industry utilities' association said on Friday it has delayed a target of having 16-18 nuclear reactors using mixed-oxide (MOX) fuel by five years to March 2016, denting the resource-poor nation's goal of a "closed" nuclear fuel cycle. Japan is aiming to move towards a closed cycle where it recycles its own spent fuel and then burns recovered uranium and plutonium as MOX fuel.

The Federation of Electric Power Companies of Japan, made up of 10 utilities, said it would do its best to achieve the target by the year starting in April 2015, when a nuclear reprocessing plant in northern Japan is scheduled to start operations. MOX plutonium-uranium enriched fuel is controversial because critics fear it could be used to build nuclear weapons. Currently, no commercial reactors in Japan use the fuel, but Chubu Electric Power Co (9502.T), Shikoku Electric Power Co (9507.T) and Kyushu Electric Power (9508.T) last month imported MOX fuel from France. (Reporting by Osamu Tsukimori; Editing by Hugh Lawson)

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