Stranded assets and thermal coal in Japan: An analysis of environment-related risk exposure

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Deploying a ‘bottom up’ asset-level methodology, we analysed the exposure of all of Japan’s current and planned coal-fired power stations to environment-related risk. Planned coal capacity greatly exceeds that required for replacement - by 191%. This may result in overcapacity and combined with competition from other forms of generation capacity with lower marginal costs (e.g. nuclear and renewables), lead to significant asset stranding of coal generation assets. Stranded coal assets in Japan...

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Authors: Caldecott, B; Dericks, G; Tulloch, D; Kruitwagen, L; Kok, I

• Publisher: Smith School of Enterprise and the Environment Publisher's website
• Publication date: 2016-05-12