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Liberalization of Japan’s Electricity Industry

NO&T Japan Legal Update

Author
Masayuki Fukuda
Publisher
Nagashima Ohno & Tsunematsu
Journal /
Book
NO&T Japan Legal Update No.1 (May, 2015)
Reference
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*Please note that this newsletter is for informational purposes only and does not constitute legal advice. In addition, it is based on information as of its date of publication and does not reflect information after such date. In particular, please also note that preliminary reports in this newsletter may differ from current interpretations and practice depending on the nature of the report.

Fundamental reform of Japan’s power system is underway. The radiation leaks from Fukushima after the devastating 2011 earthquake undermined the Japanese people’s confidence in the safety of nuclear power.
The consequent tight electricity market after the suspension of nuclear power plant operations to allow inspections exposed defects in the current system resulting in doubts as to whether the existing system could secure a supply of “cheap and reliable” electricity into the future.

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