Tokyo Electric Power Company (TEPCO) and wind developer Ørsted have signed a memorandum of understanding (MoU) to work together on offshore projects.
The two firms will partner on the Choshi offshore wind project near Tokyo.
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For this project, TEPCO has conducted a seabed survey to analyse its feasibility.
TEPCO representative executive officer and president Tomoaki Kobayakawa said:
“We are confident that the partnership combining TEPCO’s extensive expertise in the Japanese power business and Ørsted’s unparalleled track record in the offshore wind business will lead to success in the Choshi project.
“We hope that this first step paves the way for expansion beyond the coastlines of Japan for the development, construction, operation and ownership of offshore wind projects.”
TEPCO intends to develop 6GW-7GW of renewable energy projects in Japan and overseas.
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By GlobalDataThrough the partnership with Ørsted, TEPCO expects to boost its renewable energy business and make it one of its main drivers of business growth.
Ørsted CEO and president Henrik Poulsen said: “Our vision is to create a world that runs entirely on green energy, and we look forward to expanding our presence in the Asia-Pacific region and bringing over two decades of offshore wind knowledge into this partnership for the Choshi project.”
“As the largest player in the Japanese electricity industry, TEPCO has deep insights into the local power market and the regulatory requirements. This MoU is the first step in Ørsted and TEPCO’s aspirations to deliver on Japan’s ambitions for domestic renewable power generation at a large-scale and contribute to making Japan a leading offshore wind market in the Asia-Pacific.”
Ørsted has built more than 25 offshore windfarms in Europe and has several projects under development in Europe, the US and Taiwan.
Meanwhile, TEPCO Power Grid, Tokyo Gas and Industrial Technology Research Institute have agreed to jointly carry out a demonstration project to develop the next generation metering platform in area D of the Shalun Green Energy Science City in ROC.
ITRI intends to set up seven energy-efficient smart demonstration houses in area D.
TEPCO PG and Tokyo Gas will install metering system for power, water, and gas connections, besides gateway and related servers. They will check effectiveness of the system configuration, as well as simultaneous application of wireless communication technologies.
