Press Release
Approval of Modifications to the Decommissioning Reserve Fund Withdrawal Plan Pursuant to the Decommissioning Reserve Fund System
March 4, 2022
Tokyo Electric Power Company Holdings, Inc.
Fukushima Daiichi Decontamination & Decommissioning Engineering Company
TEPCO submitted a notice of modification of the Decommissioning Reserve Fund Withdrawal Plan*1 pursuant to the Decommissioning Reserve Fund System*2, which was approved on April 12, 2021, to the Minister of Economy, Trade, and Industry (METI) in coordination with the Nuclear Damage Compensation and Decommissioning Facilitation Corporation due to the need to withdraw additional funds to pay for expenses related to the discharge of ALPS treated water. We hereby notify you that these modifications were approved on March 4, 2022.
With the additionally withdrawn funds, TEPCO shall continue to move forward in a suitable manner with decommissioning while complying with the government’s policy on ALPS treated water.
- *1:
Decommissioning Reserve Fund Withdrawal Plan
Plan for withdrawing decommissioning reserve funds to allocate to the payment of decommissioning expenses. - *2:
Decommissioning Reserve Fund System
Established in accordance with laws enacted in May 2017 that revise portions of the Nuclear Damage Compensation and Decommissioning Facilitation Corporation Law. Each fiscal year, TEPCO reserves a sum of money stipulated by the NDF and approved by the METI Minister, and TEPCO withdraws the reserve funds and applies them to decommissioning based on a withdrawal plan approved by the METI Minister
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