Tokyo (June 5, 2023)—Daiwa Energy (DE) and Mitsubishi Research Institute (MRI) launched a joint solar and battery project at DE’s DREAM Solar Chiba-Sakura power station in Sakura City, Chiba.
The project links DE’s battery control system and MRI’s operation plan development system for batteries. The goal is to optimize the use of the newly installed battery storage at DE’s solar power station to maximize revenue.
The project links DE’s battery control system and MRI’s operation plan development system for batteries. The goal is to optimize the use of the newly installed battery storage at DE’s solar power station to maximize revenue.
Optimizing Daiwa Energy's solar station battery-use with Mitsubishi Research Institute's DER operation plan development system
Source: Daiwa Energy and Mitsubishi Research Institute
DE has operated the DREAM Solar Chiba-Sakura station under Japan’s feed-in-tariff (FIT) program. After obtaining approval to shift to the country’s new feed-in-premium (FIP) scheme, they will add battery storage and an accompanying control system to the site. MRI will provide optimized operation plans daily through its MERSOL* service for DE to use in its battery control.
The operating plan development system for batteries is a new feature of MERSOL. MRI has run the MERSOL service since November 2022, aiming to support distributed-energy resource (DER)† projects from the aspects of business simulation and optimized operation.
DERs, including renewables and energy storage, are on the rise as a means to achieve carbon neutrality by 2050. Japan’s public sector is at work on related policies, and businesses are taking steps to achieve this goal. The private sector needs optimized operation plans to develop storage-based businesses while maximizing operating revenues.
DE and MRI have joined forces in the past to build and operate megawatt scale solar power plants under the FIT program.
Through this project, DE and MRI aim to help spread renewable energy and achieve its stable, continuous operation—thus helping the country achieve carbon neutrality. They also aim to build a business that contributes to maximizing the profits of power producers.
The operating plan development system for batteries is a new feature of MERSOL. MRI has run the MERSOL service since November 2022, aiming to support distributed-energy resource (DER)† projects from the aspects of business simulation and optimized operation.
DERs, including renewables and energy storage, are on the rise as a means to achieve carbon neutrality by 2050. Japan’s public sector is at work on related policies, and businesses are taking steps to achieve this goal. The private sector needs optimized operation plans to develop storage-based businesses while maximizing operating revenues.
DE and MRI have joined forces in the past to build and operate megawatt scale solar power plants under the FIT program.
Through this project, DE and MRI aim to help spread renewable energy and achieve its stable, continuous operation—thus helping the country achieve carbon neutrality. They also aim to build a business that contributes to maximizing the profits of power producers.
Technical specifications of DREAM Solar Chiba-Sakura station
*Mitsubishi Research Institute launches distributed energy resource operation support service MERSOL (14 November 2022 news release) [Japanese].
MERSOL is an abbreviation of MRI Energy Resource Solution
†Distributed Energy Resources: A comprehensive term for energy resources (e.g., power generation, storage, and demand facilities) that are connected behind the meter, as well as power generation and storage facilities that are directly connected to the grid