Competitiveness of Nuclear Power Generation

Abstract

In view of the various merits of nuclear power generation, Japanese electric utilities will continue to promote nuclear power generation. At the same time, however, it is essential to further enhance cost performance. Japanese electric utilities plan to reduce the cost of nuclear power generation, such as increasing the capacity factor, reducing operation and maintenance costs, and reducing construction costs. In Asia, nuclear power will also play an important role as a stable source of energy in the future. For those countries planning to newly introduce nuclear power, safety is the highest priority, and cost competitiveness is important. Moreover, financing will be an essential issue to be resolved. Japan is willing to support the establishment of nuclear power generation in Asia, through its experience and achievements. In doing this, support should not only be bilateral, but should include all nuclear nations around the Pacific rim in a multilateral support network.