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Can Japan’s Energy Reforms Make Renewable Energy Growth Smarter?

Five years on, the Fukushima Daiichi nuclear power disaster is driving a restructuring of Japan’s $150 billion electricity sector. In April, the retail market opened to competition, representing a momentous shift for an industry where 10 regional power monopolies have long wielded outsized political influence to guard their interests. Over the years, Japan’s 80 million retail customers have endured some of the world's highest energy prices.
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