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October 2015
From The Director

Greetings,

Autumn has arrived in Japan and a new round of “Abenoics’ is underway, but where’s the real power coming from? We mean the power needed run your PC, A/C and all those elevators in Tokyo. It’s been four years since the great Tohoku Earthquake and Tsunami wreaked havoc on the Fukushima Daiichi nuclear plant. In the aftermath, Japan shut down all of its nuclear power plants. What’s been powering the country since? There has been more reliance on fossil fuels and a renewed interested in alternative energy sources, such as solar power, however at least one nuclear power plant has recently been restarted. This month we take a look at Japan’s current power needs and what the future might hold.

Speaking of power, how’s you personal financial position these days? It’s never too early to start planning for your future needs. Our objective is to help you get the best results possible. Please feel free to contact your financial advisor at any time. If you do not currently have an advisor at Select, please reply to this email and one of our senior consultants will contact you promptly.

Best Regards,

Imants Katlaps

Managing Director
Article

WHERE'S THE POWER IN JAPAN?

It’s been four years since the Tōhoku Earthquake and Tsunami took out Japan’s Fukushima Daiichi Nuclear power station, in one of history’s worst commercial nuclear power disasters. As a result, Japan gradually shut down all its nuclear power reactors, and most are still down today. However, on August 11, (yet another eleven) Kyushu Electric Power began restarting the No. 1 reactor at its Sendai Nuclear Power Station. Today, the 30-year old Sendai reactor is fully operational and generating power. And despite continuing public protests, Prime Minister Shinzo Abe’s administration is seeking to restart more reactors in the near future. In the meantime, what other sources of energy are currently filling the gap and which ones have yet to take hold as potential sources of electrical power generation in Japan...

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