Back to List
The Fourth Industrial Revolution in Japan Public Financial Burden of the Fukushima Nuclear Accident

Accident Cleanup Costs Rising to 35-80 Trillion Yen in 40 Years

Considering the postponing of decommissioning with “Confinement-managing” scenario as a possible option
Urgent need for measures to manage contaminated water

 

2019/07/03

In March 2017, JCER calculated that the final cost of disposal after the accident at the Fukushima Daiichi Nuclear Power Plant could potentially balloon to nearly 70 trillion yen. After the passage of two years, we have attempted a recalculation based on the limited information available from hearings with stakeholders and others. As a result, we found that there was a risk that the cost would exceed 80 trillion yen due to the increase in contaminated water. We also carried out a preliminary calculation for the so-called “confinement-managing” scenario where decommissioning is temporarily postponed without removing the melted nuclear fuel debris. It showed that the scenario would limit total costs to around 35 trillion yen by 2050 (subsequent disposal costs are undecided). Eight years have passed since the accident, and JCER thinks that it is now time to decide how to deal with nuclear power in the medium- to long-term energy plan.

2019/07/03

Accident Cleanup Costs Rising to 35-80 Trillion Yen in 40 Years

Considering the postponing of decommissioning with “Confinement-managing” scenario as a possible option
Urgent need for measures to manage contaminated water

Public Financial Burden of the Fukushima Nuclear Accident

2018/08/28

In fiscal 2018, we will revise our long-term macroeconomic forecasts to 2060.

2018/03/13

Productivity has not been growing in tandem with increasing PhDs in Japan

- Problem may be rooted in university education or business misapplication
- As imported technology stalls, "self-sufficiency" remains the rule in Japan

Does Japanese research and development contribute to economic growth?

2018/01/12

CO2 Emissions Reduction of 70% by 2050 is Possible with the Introduction of an Environmental Tax

- Making the Environment Protection Compatible with Economic Growth is Possible with Structural Economic Reforms
- Tax Revenues of ¥12 Trillion would be needed if fossil fuel prices remain unchanged

2017/09/05

Japan’s Non-Manufacturing Sector Must Seek to Utilize AI & IoT Technologies

-- Breaking Away from Existing Operations is Crucial

Moving to an information-oriented society

2017/03/07

Accident Cleanup Costs May Rise to 50-70 Trillion Yen

--It's Time to Examine legal liquidation of TEPCO
--Higher Transparency is Needed for the Reasons to Maintaining Nuclear Power

Public Financial Burden of the Fukushima Nuclear Accident

2016/07/27

Potential of Investments in Information and Communications Technology

- GDP Boost of 70 Trillion Yen by Fiscal Year 2030
- Using ICT for Interaction with Customers Is Key