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Redesigning of the the Japanese Economy Looking at Retaining Nuclear Power Plants

Retaining Nuclear Plants after 2030: Four Conditions



At the end of June 2012, the government´s Energy and Environment Council announced three options relating to Japan´s reliance on nuclear power plants through 2030 (see Reference Table, last page). The government plans to select one of these options as early as August. We have estimated the economic impact of costs relating to the Fukushima Daiichi accident which followed the March, 2011 Great East Japan Earthquake, including cleanup costs and insurance and other expenses necessary to provide against the risk of future accidents. Based on these estimates, we have in the present report highlighted those points which we believe are essential to consider if Japan relies on nuclear power plants to supply a certain portion of its electric power needs through 2030 and after. A major premise underlying our proposals is that the causes of the Fukushima Daiichi accident must be clarified and new physical and procedural safety standards established by 2030.

Articles in our former website


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


Retaining Nuclear Plants after 2030: Four Conditions

Looking at Retaining Nuclear Power Plants


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



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


FY2020 Nuclear Generating Cost Treble Pre-Accident Level

--Huge Price Tag on Fukushima Accident Cleanup

Thinking Costs of Generating Electricity



Pension Reform: Take ‘Energizing’ Approach

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

Tax and Pension Reform

Kazumasa IWATA


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

--GDP Could Drop 2% on Power Shortages

Thinking of Energy Shortage