The TEPCO’s Fukushima-Daiichi nuclear power plant accident in March of 2011 is quite influential on the Japanese energy mix and electricity market. Since the accident, the government of Japan has been reforming the electricity supply system in stages to reduce the dependence on nuclear power. The Feed-in Tariff system for renewable energy has been implementing from July 1, 2012 for more than 4 years, and has significantly enhanced the usage of the renewable energy, especially the solar power. Meanwhile, the cost of the renewable energy sources is reduced rapidly. The liberalization to the electricity retail market started since April 1, 2016. Although the achievements of the electricity market reforms are remarkable, it also faces a lot of challenges in the further. In this paper, the current status of the electricity supplied in Japan is reviewed, the basic structure and the deficiency of Feed-in Tariff system of Japan is analyzed. The status of liberalization of electricity retail market is explained.
Fuyi Chen, Niigata University, Japan
Paper Information Conference: ECSEE2018
Stream: Energy: Energy Economics and Ecological Economics
Added on Tuesday, August 28th, 2018
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