Research Programs: Industry Frontiers

Study on Markets and Policies in the Power System Reform

Project Leader/Sub-Leader

TANAKA Makoto

TANAKA Makoto (Faculty Fellow)

Leader

Overview

The reform process of the electric power system is ongoing in Japan. The retail market will be fully liberalized in 2016, and vertical unbundling of generation, transmission/distribution, and retail sectors will be implemented in 2018-2020. There are still a number of issues in designing effective wholesale, retail, and balancing markets to ensure security and efficiency of the power system. This project aims to provide useful policy implications by conducting theoretical, empirical, and simulation analysis of the electricity markets primarily based on economics along with an engineering perspective.

December 1, 2015 - November 30, 2017

Major Research Results

2018

RIETI Discussion Papers

2017

RIETI Discussion Papers

RIETI Policy Discussion Papers

2016

RIETI Discussion Papers