|
Such efforts have been slowed by the structure of the power grid, which was designed solely to meet the needs of the quasi-monopoly regional utilities. The proposed reforms would encourage greater use of renewable energy through increased competition, experts say. The reform aims to "expand choices for users and business opportunities for operators," according to a statement by the Ministry of Economy, Trade and Industry. The reforms would be carried out in three phases in 2015-2020. As a first step, the government intends to create a framework to balance regional power supply and demand. It would fully liberalize power sales and generation by around 2016, aiming to fully separate the power generation and transmission arms of each utility in 2018-2020. The politically powerful utilities have resisted such reforms but have little choice given the parlous state of their finances. Tokyo Electric Power Co., the country's biggest utility and operator of the Fukushima plant, was nationalized after its finances deteriorated due to rising costs from the nuclear disaster.
[Associated
Press;
Copyright 2013 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor