Power Plants Heading Out to Sea in Post-Fukushima Japan

One of the biggest hurdles to building new power plants in Japan is finding a place that’s safe from earthquakes and tsunamis. That place may turn out to be 30 miles at sea. Sevan Marine ASA (SEVAN), a Norwegian builder of offshore oil-drilling vessels, is proposing a $1.5 billion natural gas-fir…

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Power Plants Heading Out to Sea in Post-Fukushima Japan