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Comparative Energy Policy: The Economics of Nuclear Power in Japan and the United States

Abstract:
Over the next several decades, Japan and the United States will pursue dramatically different nuclear power strategies. In the United States, no new reactors have been ordered since 1978, and no U.S. utility is seriously planning any new construction. In contrast, Japanese utilities aggressively continue to plan, order, and build new nuclear plants, and the Japanese government and utility industry are committed to increasing Japan's nuclear reliance from 26 percent of total generation to 49 percent by the year 2010.

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Energy Specializations: Nuclear Power – Policy and Regulation

JEL Codes:
E60 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General

Keywords: Nuclear energy, US, Japan, Comparative study, Energy policy, Regulation

DOI: 10.5547/ISSN0195-6574-EJ-Vol9-No4-1


Published in Volume 9, Number 4 of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.