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[en] Challenges: • Liberalized electricity market is not conducive to nuclear with high upfront cost and regulatory uncertainties. • New commercial investment will face difficulties without policy support (e.g. Non Fossil Obligation, Zero Emissions Credit). • Private sector will be motivated to conduct high risk innovation if they have confidence that, once it proves to be successful, there will be investment opportunities in domestic and foreign markets. • Still persistent “nuclear phobia” and “anti-nuclear/pro-RE fundamentalism”. • Government is silent about replacement and new construction.
[en] In July 2018, Japan adopted the 5th SEP1 (strategic energy plan) and reconfirmed its determination to achieve the 2030 energy mix underpinning Japan’s NDC (nationally determined contribution) aiming at 26% reduction from 2013 by 2030 under the Paris Agreement. In this energy mix, nuclear is to occupy 20-22% of the total power generation in 2030. In the 5th SEP, the role of nuclear was defined as “important base load power source contributing to the stability of long-term energy supply and demand structure”. Nuclear is expected to play a pivotal role for simultaneously 1) restoring energy self-sufficiency to pre-earthquake level, 2) reducing electricity cost and 3) presenting internationally comparable GHG emissions reduction target.