The economy ministry is weighing the introduction of a subsidy system paid to electricity producers who use nuclear plants to offset massive costs to meet tougher safety standards after the 2011 disaster. Officials said that those expenses have cut into the cost competitiveness of nuclear energy to such an extent that a subsidy system may have to be utilized, despite its longtime contention that nuclear energy is the most economical form of electricity generation. Given that the subsidies will end up being padded onto the electricity bills of households and businesses, it remains to be seen if the public will go along with shouldering the additional burden.
Asahi Shimbun 23rd March 2019 read more »
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