Back to home
 
Japan’s cost verification of electricity generated by nuclear power plants: achievements and challenges
 
INASAWA Izumi1
 
1. Energy Policy Joint-Study Program, School of Economics, Kyoto University, Yoshida-Honmachi, Sakyo-ku, Kyoto 606-8501, Japan (inasawa.izumi.3c@kyoto-u.ac.jp)
 
Abstract: This article illustrates the cost verification works of nuclear power generation plants conducted by the Japanese government in 2011 and 2015 and shows the achievements and challenges of cost simulation in terms of inclusion of social costs. In response to the Fukushima nuclear power accident, the government stepped into simulation of cost of nuclear power accidents and other costs in relation to nuclear power development including such costs as R&D and site selection. Since the impact of the nuclear power accident is severe and expected to last long period of time, essential issues raised have to be studied further and incessant fine-tuning of cost simulation methods is necessary in the future. Since the similar efforts have started overseas, more active discussions have to be reactivated. Having been still experiencing the Fukushima catastrophe, Japan should continue to play the central roles in analyzing the social costs of nuclear power plants.
Keyword: electricity generation costs; social costs; Fukushima nuclear power plant accident 
 
      Click here for viewing full text.