Announced details
Curbing power procurement costs for retail electricity providers, improving the sophistication of supply-demand operations, and adjusting electricity use by consumers
More than 20 companies adopted cumulatively
Provides DR support services to retail electricity providers
Sumitomo Shibadaimon Building No. 2, 1-12-16 Shibadaimon, Minato-ku, Tokyo
The impact of this transaction on the Company’s results is expected to be minor.
The company does not address Contract Value / Offering price.
Japan Electric Power Exchange (JEPX), “Spot Market Trading Data”
| Item | Details |
|---|---|
| Names of Products / Services Covered | BridgeLAB DR |
| Relationship with the Company | Provides DR support services to retail electricity providers |
| Applicable area | Curbing power procurement costs for retail electricity providers, improving the sophistication of supply-demand operations, and adjusting electricity use by consumers |
| Location | Sumitomo Shibadaimon Building No. 2, 1-12-16 Shibadaimon, Minato-ku, Tokyo |
| Usage history | More than 20 companies adopted cumulatively |
| Impact on Business Performance | The impact of this transaction on the Company’s results is expected to be minor. |
| Source | Japan Electric Power Exchange (JEPX), “Spot Market Trading Data” |
Items this document does not state (11)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Demand for the use of demand response is growing against a backdrop including increased price volatility in the wholesale electricity market, as companies seek to curb power procurement costs and improve the sophistication of supply-demand operations.