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Redesigning of the the Japanese Economy Thinking Costs of Generating Electricity

FY2020 Nuclear Generating Cost Treble Pre-Accident Level

--Huge Price Tag on Fukushima Accident Cleanup

Tatsuo KOBAYASHI
  Principal Economist

2011/07/19

Most observers now believe it will take several decades to clean up the accident at Tokyo Electric Power Company’s Fukushima Daiichi nuclear power station which took place in the wake of the Great East Japan Earthquake.”Impact to last Decade or more if Existing Nuclear Plants Ceasing“, we estimated it would reach 5.7 to 20 trillion yen over the next ten years. Based on this estimate, we have calculated the estimated cost of electric power generation from nuclear plants. By fiscal year 2020 (April 1,2020-March 31,2021), the generation cost of 1 kilowatt hour (kWh) of electric power from nuclear plants could reach 17yen, or about three times that of pre-accident levels (5.4yen-6.4yen). These results make it difficult to argue that nuclear energy has any cost advantages over renewable forms of energy, such as wind 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