Recently, the Japanese government announced that
they will be shutting down the remaining 7 nuclear reactors at the Daiichi plant that was hit by a major earthquake and tsunami in 2011. This will bring the total number of nuclear reactors down to 33 (compared to 54 in 2011),
only 7 of which are in active operation at any given time.
Contrary to popular belief, this is not a good thing.
Since the tsunami hit on April 11, 2011 killing 18,000 civilians, there has been a tendency to refer to the event falsely as "Japan's nuclear crisis". The fear that has spread across the world resulted in one of the most devastating attacks on sovereign nations which could have only been executed had we done this to ourselves.
Japan - a nation which became the world's 3rd largest economy
due largely to its commitment to advanced scientific and technological progress and early embrace of nuclear power, has lost much of the energy self-sufficiency it once enjoyed when 25% of its electricity came from nuclear which today has fallen to 3%. Since the shutdown
Japan has been forced to massively increase its imports of oil, natural gas and coal bringing in 9 million barrels/day and building 45 new coal plants. This dependency has not only subject it to the whims of the speculative markets, but also to the uncertain stability of the Middle East oil production.
Due to the hysteria unleashed in the wake of Fukushima,
Germany was quick to follow the fear wave and declared that its full exit from nuclear by 2022 causing it to vastly increase its imports of fossil fuel from Russia, the Netherlands and USA (and ironically nuclear energy imports from France whose use of nuclear amounts to 70% of its energy basket). Once shut down in 2022,
Germany will lose 22GW (or 11% of total capacity).
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