The earthquake, tsunami and resulting damage to the Fukushima nuclear power plant, triggered by the Great East Japan Earthquake on March 11, 2011, also caused a seismic shift to the Japanese energy market—especially power generation. Before the disaster, the Japanese government attempted a power market reform numerous times, but Japan’s utilities prevailed.  A year after the terrible events, however, Japan’s new feed-in tariffs (FITs) for renewable energy, as well as the first phase of the power market reform, launched renewable energy generation and demand that has made Japan one of the most ...