Japan Has More Troubled Assets - No Relief In Sight

Another nuke site in Japan is in trouble.

Q: What is the status of nuclear reactors as of Monday?

A: There are nine units under states of emergency - three at Fukushima Dai-ichi, three at Fukushima Daini and three at Onagawa. All are north-northeast of Tokyo, along the eastern coast, and all are boiling water reactors.

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Q: What is the situation at the nearby Fukushima Daini facility?

A: Japanese officials say units 1, 2 and 4 retained offsite power after the earthquake and tsunami, but were experiencing increased pressure inside their containment vessels and equipment failures. As a result, plant operators vented steam at each unit and were considering additional venting to alleviate pressure increases.

Q: And now there are concerns about a third complex?

A: Yes, as of late Sunday, there are states of emergency at each of the three reactors at the Onagawa nuclear site. Officials have said only they've detected higher than permitted radiation levels there.

Nuke Plants leaking radiation is usually a bad sign. If the leakage is continuous it is a very bad sign.

And what kind of equipment failures? Instruments? Pumps? Valves? Wiring? Piping? Switchgear?

It is just possible that after this accident the Japanese may sour on nuclear power.