Japan Nuclear Revival Reaches Tokyo: Analyst Reaction | Switched On

Japan’s journey back to nuclear power is entering a new phase. Fifteen years after the Fukushima disaster and the shuttering of the country’s nuclear fleet, the return of the Kashiwazaki Kariwa 6 reactor marks the first restart in the Tokyo power region and one of the most significant additions since 2011. The timing is critical. Japan remains heavily reliant on imported LNG, leaving its power prices exposed to global gas shocks and disruptions from the war in the Middle East. Nuclear restarts are increasingly being seen as a way to strengthen energy security, reduce fuel imports and ease pressure on power prices. So what role can nuclear realistically play in Japan’s power system, and how much further can the country’s restart program go? On today’s show, Kamala Schelling is joined by Mariko O’Neil, BNEF’s head of APAC power, to discuss her note “Nuclear Comeback to Ease Tokyo Power Price War Premium.”
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEFGO on the Bloomberg Terminal or on bnef.com (https://www.bnef.com/)
Links to research notes from this episode:
Nuclear Comeback to Ease Tokyo Power Price War Premium - https://www.bnef.com/analyst-reactions/tdkvktt96osk00 (https://www.bnef.com/analyst-reactions/tdkvktt96osk00)
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The future of energy, transport, sustainability and more, as told by BNEF analysts. Each week, Dana Perkins and Tom Rowlands-Rees sit down with BloombergNEF (BNEF) analysts to uncover the key findings and stories behind their latest research.

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