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August 08, 2011

Japan’s 2012 GDP Could Drop 5.6% If Reactors Remain Shut

A short-term energy outlook report released by Japan’s Institute of Energy Economics estimates that if the country’s nuclear plants do not begin to restart this fall after shutting down for periodic inspections, there will be a 7.8 percent shortage in the primary energy supply by next summer and a 5.6 percent, $98 billion drop in gross domestic product. Presently only 15 of Japan’s 54 reactors are generating electricity, all of which could be shut down for inspection by next summer.



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