What is an off-site PPA?

An off-site PPA (Power Purchase Agreement) is a contract where a customer purchases renewable energy-derived electricity from a power producer located remotely, with the electricity transmitted via the transmission and distribution network. This differs from an on-site PPA where the generation facility is located at or near the customer's premises.

What are the expected environmental benefits of this initiative?

This initiative is expected to result in approximately 2 million kWh of renewable energy-derived electricity annually, leading to a reduction of about 800 tons of greenhouse gas emissions. This is equivalent to the greenhouse gas reduction of approximately 500 households.

When will the Gokei Building start using renewable energy?

The Gokei Building will begin using electricity derived from renewable energy starting from April 2026.

What is NTT's overall environmental goal?

NTT East Group is working towards achieving carbon neutrality by 2040, based on the NTT Group's environmental and energy vision, "NTT Green Innovation toward 2040."

What is the significance of "local production and local consumption" in this context?

In this off-site PPA, NTT Anode Energy aggregates electricity from multiple solar power plants installed within Miyagi Prefecture. By supplying this locally generated renewable energy to the Gokei Building in Miyagi, it contributes to the local production and consumption of energy within the prefecture.

AI News NQ Analysis

Introduction of Renewable Energy through Off-site PPA

NQ Score 50/100

AI Summary (NQ-processed)

NTT East has begun introducing renewable energy via off-site PPA at the Gokei Building in Sendai City.

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Frequently Asked Questions

Q: What is an off-site PPA?: A: An off-site PPA (Power Purchase Agreement) is a contract where a customer purchases renewable energy-derived electricity from a power producer located remotely, with the electricity transmitted via the transmission and distribution network. This differs from an on-site PPA where the generation facility is located at or near the customer's premises.
Q: What are the expected environmental benefits of this initiative?: A: This initiative is expected to result in approximately 2 million kWh of renewable energy-derived electricity annually, leading to a reduction of about 800 tons of greenhouse gas emissions. This is equivalent to the greenhouse gas reduction of approximately 500 households.
Q: When will the Gokei Building start using renewable energy?: A: The Gokei Building will begin using electricity derived from renewable energy starting from April 2026.
Q: What is NTT's overall environmental goal?: A: NTT East Group is working towards achieving carbon neutrality by 2040, based on the NTT Group's environmental and energy vision, "NTT Green Innovation toward 2040."
Q: What is the significance of "local production and local consumption" in this context?: A: In this off-site PPA, NTT Anode Energy aggregates electricity from multiple solar power plants installed within Miyagi Prefecture. By supplying this locally generated renewable energy to the Gokei Building in Miyagi, it contributes to the local production and consumption of energy within the prefecture.