# Assessing the Impact of Renewable Energy Sources: Simulation analysis of the Japanese electricity market

執筆者 吉原 啓介 (東京大学)／大橋 弘 (ファカルティフェロー) 2017年4月  17-E-063 新しい産業政策に係わる基盤的研究

## 概要（英語）

This paper evaluates the impact of renewable energy (RE) sources on market outcomes in Japan. We develop a simulation model to compute the kWh-market equilibrium, and conduct simulation exercises for 2015 and 2030. Using scenarios proposed by the government, we find that the diffusion of RE sources would lower the kWh-market prices and greenhouse gases by reducing fossil fuel consumption in 2030. It would also mothball many of the thermal power plants, which were active and profitable in 2015.