IDEAS home Printed from https://ideas.repec.org/p/eti/dpaper/17063.html
   My bibliography  Save this paper

Assessing the Impact of Renewable Energy Sources: Simulation analysis of the Japanese electricity market

Author

Listed:
  • YOSHIHARA Keisuke
  • OHASHI Hiroshi

Abstract

This paper evaluates the impact of renewable energy (RE) sources on market outcomes in Japan. We develop a simulation model to compute the kWh-market equilibrium, and conduct simulation exercises for 2015 and 2030. Using scenarios proposed by the government, we find that the diffusion of RE sources would lower the kWh-market prices and greenhouse gases by reducing fossil fuel consumption in 2030. It would also mothball many of the thermal power plants, which were active and profitable in 2015.

Suggested Citation

  • YOSHIHARA Keisuke & OHASHI Hiroshi, 2017. "Assessing the Impact of Renewable Energy Sources: Simulation analysis of the Japanese electricity market," Discussion papers 17063, Research Institute of Economy, Trade and Industry (RIETI).
  • Handle: RePEc:eti:dpaper:17063
    as

    Download full text from publisher

    File URL: https://www.rieti.go.jp/jp/publications/dp/17e063.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Steve Cicala, 2017. "Imperfect Markets versus Imperfect Regulation in U.S. Electricity Generation," NBER Working Papers 23053, National Bureau of Economic Research, Inc.
    2. Komiyama, Ryoichi & Fujii, Yasumasa, 2017. "Assessment of post-Fukushima renewable energy policy in Japan's nation-wide power grid," Energy Policy, Elsevier, vol. 101(C), pages 594-611.
    Full references (including those not matched with items on IDEAS)

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eti:dpaper:17063. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (TANIMOTO, Toko). General contact details of provider: http://edirc.repec.org/data/rietijp.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.