Kyuden Mirai Energy announced it would begin a demonstration project on February 5 aimed at expanding profits from electricity trading by operating across multiple power markets. In addition to the wholesale electricity market used for transactions between companies, the firm will also participate in Japan’s supply-demand adjustment market, which trades grid balancing capacity. By shifting sales to markets with higher prices, the company expects trading profits to rise by about 30%. As part of the trial, Kyuden Mirai Energy began operating a battery storage system installed at the Omura Mega Solar No. 4 plant in Omura, Nagasaki Prefecture. The battery has an output of about 2,000 kilowatts and a capacity of roughly 7,400 kilowatt-hours, with investment costs of around ¥300 million excluding subsidies. Source: Nikkei / Kyuden Mirai Energy
Photo: Kyuden Mirai Energy
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