Analysis of the change in the structure of the Japanese power supply using the GTAP-E-power model

Akiko Higashi (), Ken Itakura, Yushi Inoue and Hiroaki Otake
Additional contact information
Akiko Higashi: Mitsubishi Research Institute, Inc.
Yushi Inoue: Mitsubishi Research Institute, Inc.
Hiroaki Otake: Mitsubishi Research Institute, Inc.

SN Business & Economics, 2022, vol. 2, issue 9, 1-22

Abstract: Abstract This study analyzes the effect of the change in the structure of the Japanese power supply, which disaggregates the power sector based on the GTAP-E model framework. We analyze the impact of the change in the power structure on Japan’s macroeconomy, power sector, and industry by comparing the results of four scenarios. In our simulations, which are divided into two periods, shocks are introduced to the growth rate in real GDP, labor force, population, and Japanese zero-emission power supply; nuclear power, hydropower, wind power, solar power, and other types of power. First, simulations from 2011 to 2018 were performed to update the GTAP-E-Power database. Next, simulations from 2019 to 2030 were performed for policy scenarios with different growth rates of zero-emission power supply in Japan. The simulation results show that if Japan maintains the same growth rate of zero-emission power supply as that of the Sustainable Development Scenario of the World Energy Outlook 2019, the share of zero-emission power supply in 2030 will achieve the government’s target. The simulation results also show that an increase in zero-emission power supply has a positive effect on the Japanese trade balance.

Keywords: GTAP-E-power model; Zero-emission power supply; Japanese power structure (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s43546-022-00302-6 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:snbeco:v:2:y:2022:i:9:d:10.1007_s43546-022-00302-6

Ordering information: This journal article can be ordered from
https://www.springer.com/journal/43546

DOI: 10.1007/s43546-022-00302-6

Access Statistics for this article

SN Business & Economics is currently edited by Gino D'Oca

More articles in SN Business & Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().