Japan at the Electricity Crossroads: Nuclear Power to Lower Electricity Bills or Solar Power to Create Resiliency?

March 11, 2016 marks the five-year anniversary of the 2011 Tohoku earthquake and tsunami, which caused catastrophic meltdowns at three reactors in the Fukushima Daiichi Nuclear Power Plant complex in Fukushima Prefecture. This devastating event resulted in a major change to the nation’s electricity supply market. It led to the introduction of the national feed-in tariff (FIT) program in July 2012 and historical liberalization of the retail electricity market, which will commence in April.