What is the scale of Tokyu's grid battery storage business?

The total investment is 14 billion yen, with plans to operate a 46 MW/184 MWh grid battery storage system by fiscal year 2027.

What is the purpose of this business?

It aims to absorb excess renewable energy and discharge during power supply shortages, contributing to grid stability and achieving carbon neutrality.

Who will be responsible for the operation?

Tokyu will handle the construction of the battery storage facilities, while Tokyu Power Supply, a group energy company, will manage the supply and demand operations.

AI News NQ Analysis

Adopted for the Tokyo Metropolitan Government's Support Project for Two Consecutive Years: Tokyu Group Promotes Grid-Scale Battery Storage Project with Total Capacity of 46MW/184MWh, Aiming for Operation by FY2027

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AI Summary (NQ-processed)

Tokyu Corporation and Tokyu Power Supply will advance a grid-scale battery storage project with a total investment of 14 billion yen, aiming to stabilize power supply and utilize renewable energy.

AI Analysis

Frequently Asked Questions

Q: What is the scale of Tokyu's grid battery storage business?: A: The total investment is 14 billion yen, with plans to operate a 46 MW/184 MWh grid battery storage system by fiscal year 2027.
Q: What is the purpose of this business?: A: It aims to absorb excess renewable energy and discharge during power supply shortages, contributing to grid stability and achieving carbon neutrality.
Q: Who will be responsible for the operation?: A: Tokyu will handle the construction of the battery storage facilities, while Tokyu Power Supply, a group energy company, will manage the supply and demand operations.