| Project/Area Number |
25590055
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| Research Category |
Grant-in-Aid for Challenging Exploratory Research
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| Allocation Type | Multi-year Fund |
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| Research Field |
Economic policy
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| Research Institution | National Graduate Institute for Policy Studies |
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Principal Investigator |
OKAMOTO Ryosuke 政策研究大学院大学, 政策研究科, 准教授 (60323945)
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| Co-Investigator(Kenkyū-buntansha) |
TANAKA Makoto 政策研究大学院大学, 政策研究科, 教授 (10377137)
HOSOE Nobuhiro 政策研究大学院大学, 政策研究科, 准教授 (60313483)
IKEDA Shinsuke 政策研究大学院大学, 政策研究科, 助教授 (90598567)
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| Project Period (FY) |
2013-04-01 – 2015-03-31
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| Project Status |
Completed (Fiscal Year 2014)
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| Budget Amount *help |
¥3,640,000 (Direct Cost: ¥2,800,000、Indirect Cost: ¥840,000)
Fiscal Year 2014: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
Fiscal Year 2013: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
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| Keywords | 電力市場 / 再生可能エネルギー / 規制改革 |
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| Outline of Final Research Achievements |
To investigate the power market after the Great East Japan Earthquake in 2011, we modeled its power markets empirically. The project encompasses three main studies. (1) We developed a spatial equilibrium model to simulate the nuclear power shutdown and installation of substitute plants. (2) We conducted a microdata analysis to examine consumers' willingness-to-pay for renewable and nuclear energy in Japan and the US. (3) We used time-series data of the wholesale power market (JPEX) to examine its liquidity.
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