East Devon Watch

… “The ability of existing Japanese nuclear plants, if restarted, to operate competitively against modern renewables (as many in the U.S. and Europe can no longer do) is unclear because nuclear operating costs are not transparent. However, the utilities’ almost complete suppression of Japanese wind power suggests they are concerned on this score.

“And as renewables continue to become cheaper and more ubiquitous, customers will be increasingly tempted by Japan’s extremely high electricity prices to make and store their own electricity and to drop off the grid altogether, as is already happening, for example, in Hawaii and Australia.”

The Japan Association of Corporate Executives, with a membership of about 1,400 executives from around 950 companies, recently issued a statement urging Tokyo to remove hurdles holding back the expansion of renewable power – which supplied 14.3 percent of power in Japan in the year to March 2016.

The statement also notes that the outlook for nuclear is “uncertain” and that the 20‒22% target could not be met without an improbably high number of restarts of idled reactors along with numerous reactor lifespan extensions beyond 40 years.

Andrew DeWit, a professor at Rikkyo University in Tokyo, said the push signalled “a profound change in thinking among blue-chip business executives.” DeWit added:

“Many business leaders have clearly thrown in the towel on nuclear and are instead openly lobbying for Japan to vault to global leadership in renewables, efficiency and smart infrastructure.”