Market Price, Operational and Degradation Risks in the Merchant Battery Storage Business
First written in FY2026. 1 of 2 entries say "Mitigated", first in 2026-08-06. Latest entry: 2026-08-06.
0 other companies' latest entry also says "Mitigated".
Not enough years or companies yet to draw the terrain. The sentences above are computed from what exists.
- 2026-08-06MitigatedEarnings presentation
「We formulate business plans based on winning bid prices that anticipate future price competition among batteries」
The company has incorporated winning bid prices that assume future price competition among batteries into its business plans, specifying its response to price competition risk in market-based energy storage projects. - FY2026First statedAnnual report
「Revenue from merchant energy storage depends on clearing prices in the balancing and capacity markets and price differentials in the wholesale electricity trading market. If the anticipated transaction prices, cleared volumes or other factors cannot be secured because of future changes in Japan's electricity supply-demand balance, the operating status of other power sources, or changes to the systems or rules governing the various electricity markets, the Group's business, operating results and financial position may be affected.」
With the commencement of operations at grid-scale energy storage facilities, the company separately identifies risks specific to the energy storage business arising from market prices and cleared volumes, system changes, operating system malfunctions, battery degradation and shutdowns caused by grid construction work.