
The Japan Atomic Energy Agency and Mitsubishi Heavy Industries, Ltd. signed Wednesday a memorandum of understanding with U.S. nuclear start-up TerraPower, LLC on technical cooperation over a next-generation fast reactor development project.
The move paves the way for Japan to maintain and develop its fast reactor-related technology, as a plan involving Monju, a prototype fast reactor in Fukui Prefecture, has been scrapped after a series of accidents and problems were found at the facility.