What is Japan's first energy storage project?

In 2015, we started Japan's first demonstration project covering energy storage connected to the power grid in the Koshikishima, Satsumasendai City, Kagoshima. This project is still operating in a stable manner today. One feature of our grid energy storage system is that it utilizes reused batteries from EVs.

What is Itochu & Osaka Gas?

With this business, ITOCHU will design and supply energy storage system and power conditioners from its own procurement network, and will also build and maintain an optimal storage system. Osaka Gas will oversee trading in the energy market and control of the storage plant by utilizing its knowledge of the energy trade.

Why is Itochu working with Osaka Gas & Tokyo century?

ITOCHU will work on this business together with Osaka Gas and Tokyo Century to ensure that the balancing power produced through this business can contribute to the further introduction and stable supply of renewable energy. Open area within the OSAKA GAS NETWORK CO., LTD. Senri Supply Center grounds

How will Itochu contribute to the stabilization of Japanese electric systems?

By using the energy from these energy storage batteries in the wholesale electricity market, the balancing market, and the capacity market, ITOCHU will contribute towards the stabilization of Japanese electric systems. Installation will begin in the first half of FY2023 and operations are expected to begin in FY2025.

Why is Sumitomo launching a large-scale energy storage platform?

One of the main reasons is the insufficient capacity of transmission lines. In response to this issue, Sumitomo Corporation aims to expand its business of storing energy nationwide in Japan by developing a large-scale energy storage platform that can compensate for this lack of transmission line capacity.