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Business

Tepco itching to restart nuclear plant to defend its turf

Workers run through emergency procedures at Tepco's idle Kashiwazaki-Kariwa nuclear plant in February.   © Nikkei

TOKYO -- The imminent liberalization of Japan's retail energy market has Tokyo Electric Power Co. scurrying to improve its competitiveness. But a key part of the utility's strategy -- restarting a nuclear plant north of the capital -- is proving difficult to pull off. 

     The government is set to open up the electricity sector in April. Newcomers are vying for slices of a retail market worth nearly 3 trillion yen ($26.1 billion).  

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