In a landmark deal, Centrica and TEPCO collaborate to augment demand response services for the Japanese power grid

Posted by MarketsandMarkets on Apr 2, 2019 7:47:21 PM

Tokyo Electric Power Company (TEPCO) and Centrica recently collaborated on demand response services with Centrica (a UK-based organization) likely to assist TEPCO with FlexPond, an electricity demand response platform, to ensure that TEPCO provides stable electricity distribution services in the Kyushu region. FlexPond will be delivered under an innovative commercial “software-as-a-service” (SaaS) model, which will allow utilities, like TEPCO, to use the application platform to build its own virtual power plants (VPPs) and deliver the demand side response capability through a variety of flexible generation and demand facilities.

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Topics: Energy and Power, virtual power plant market, TEPCO, flexpond

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