Back to List
Redesigning of the the Japanese Economy Looking at the Issue of Abandoning Nuclear Energy

Energy Saving and Renewable Energy Development Less Costly than Sticking with Nuclear Energy

--Nuclear Generation Could Cost Twice Government Estimates

Tatsuo KOBAYASHI
  Principal Economist

2011/12/27

In our 38th Medium Term Forecast for the Japanese Economy released in early December , we considered and compared the cost of cleaning up the accident at the Fukushima Daiichi nuclear power station and continuing with nuclear power, against the cost of abandoning nuclear power by FY2050 (April, 2050-March, 2051), relying on solar and wind power to the extent that power transmission network upgrades are not required. We concluded that there was no distinct difference between the two. Taking the above forecast a step further, the present report estimates the cost of abandoning nuclear power by FY2050, relying on further energy conservation efforts as well as more widespread use of new forms of energy, including solar, wind, thermal, biomass and low head hydropower. We find that making efforts in both adopting new forms of energy and energy saving would likely be cheaper and more economically advantageous than continuing with nuclear power.

2012/11/06

Top Priorities: Address Spent Nuclear Fuel and Surplus Plutonium Issues

Use of Nuclear Energy through 2050 Should Remain On Table

Looking at Abandoning Nuclear Energy by the 2030s

2012/08/28

Retaining Nuclear Plants after 2030: Four Conditions

Looking at Retaining Nuclear Power Plants

2011/12/27

Energy Saving and Renewable Energy Development Less Costly than Sticking with Nuclear Energy

--Nuclear Generation Could Cost Twice Government Estimates

Looking at the Issue of Abandoning Nuclear Energy

Tatsuo KOBAYASHI

2011/09/26

Structural Change in Industry to Ease Downside of Power Shortage

--Avert Current Account Deficit by Shifting Resources to Machinery Industry

Influence of the electricity shortage on Japanese regions and industries

Tatsuo KOBAYASHIKatsuaki OCHIAI/ Yuta Tachi Economist

2011/07/19

FY2020 Nuclear Generating Cost Treble Pre-Accident Level

--Huge Price Tag on Fukushima Accident Cleanup

Thinking Costs of Generating Electricity

Tatsuo KOBAYASHI

2011/05/17

Pension Reform: Take ‘Energizing’ Approach

--Stimulate Private Investment and Consumption
--Scrap Premiums: Finance via Consumption Tax

Tax and Pension Reform

Kazumasa IWATA

2011/04/25

Impact to last Decade or more if Existing Nuclear Plants Shut Down

--GDP Could Drop 2% on Power Shortages

Thinking of Energy Shortage