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Other Disclosures5582GRID Inc.Information and Communications, Services and Others

Notice of Commencement of Full-Scale Development of a Pumped-Storage and Thermal Power Generation Planning Optimization System for Kansai Electric Power

Full-scale development has begun on a system for The Kansai Electric Power Company,Incorporated that optimizes operating plans and bidding for pumped-storage and power generation. The system’s core functions have been validated through a proof of concept (PoC), and functions for actual operations will be implemented with completion targeted for around autumn 2026.

Worth reading
53Recurring
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Direction
Improvement
Direction inferred from the company’s description.
Scale
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Wording
Conditional
How definitive the wording is.

Announced details

ReNom PowerPumped-Storage and Generation Scheduling Optimization System for The Kansai Electric Power Company,Incorporated
Applicable field (uses covered by this announcement)

Pumped-storage power generation operating plans and bidding design, electricity markets, and effective use of renewable energy

Launch dateAround autumn 2026 (scheduled completion)
What the company reported numerically
Usage history

Core functions validated through a PoC

Relationship between the counterparty and the company
GRID Inc.5582
Relationship with the Company

A business relationship in which グリッド develops a system for The Kansai Electric Power Company,Incorporated

CounterpartyThe Kansai Electric Power Company,Incorporated

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Announced details
ItemDetails
Names of Products / Services CoveredReNom Power, Pumped-Storage and Generation Scheduling Optimization System for The Kansai Electric Power Company,Incorporated
CounterpartyThe Kansai Electric Power Company,Incorporated
Relationship with the CompanyA business relationship in which グリッド develops a system for The Kansai Electric Power Company,Incorporated
Launch dateAround autumn 2026 (scheduled completion)
Applicable areaPumped-storage power generation operating plans and bidding design, electricity markets, and effective use of renewable energy
Usage historyCore functions validated through a PoC
Items this document does not state (12)
Counterparty overviewContract ValueOffering priceContract DateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleQuantitative EffectsImpact on Business PerformanceSource

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.

To maximize the value of pumped-storage power generation, advance the electricity market, and promote the effective use of renewable energy as the increasing adoption of renewable energy leads to greater time-of-day imbalances between supply and demand and increased market-price volatility.

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Notice of Commencement of Full-Scale Development of a Pumped-Storage and Thermal Power Generation Planning Optimization System for Kansai Electric Power | GRID Inc. (5582) timely disclosure | Komori