2018 Program Sponsors
SUMMIT ENERGY is a subsidiary of Sumitomo Corporation, one of the major integrated trading firms in Japan. They supply electricity to both commercial and residential customers. In 2016, they supplied 2,800GWh, making them the 6th largest retail electricity supplier in Japan. Summit Energy has its own generating capacity from a variety of sources, including biomass power generation.
ENECHANGE LTD. is Japan’s most popular energy switching website, having 3 million monthly unique visitors and working with over 100 energy suppliers. Enechange is also recognised as one of the most innovative energy ventures in Japan, providing vertically integrated tech solutions – such as data-driven CRM solutions, smart-meter data management (SMAP), AI-driven load curve simulation etc. – for energy suppliers.
JXTG Nippon Oil & Energy is the largest oil company and 3rd largest new electric power supplier in Japan, and is known by its brand ENEOS. JXTG Nippon Oil & Energy has crude refining capacity of around 2 million barrel per day – which is comparable to BP – and a nationwide supply chain enabling stable supply of products and services associated with energy. JXTG Nippon Oil & Energy has also been increasingly supplying low-carbon energy sources, such as solar power, wind power, biofuel, and hydrogen, while developing related technologies.
TOKYO GAS is Japan’s largest provider of natural gas, serving more than 11 million customers. In FY2016, TOKYO GAS made a start by entering the electricity retail business and has since reached 1,110,000 customers (March 2018). TOKYO GAS is shifting from the in-house R&D focused on natural gas energy to an open innovation style R&D to focus on a broad range of innovative energy solutions.
LOOOP operates a low-voltage power retail business ‘Looop Denki’. Since starting in April 2016, the business has gained over 100,000 users by the end of March 2018. After reaching this critical turning point, LOOOP aims to reach 200,000 users by the end of the next fiscal year, and is opening a broad array of new services to attract smart energy consumers.
NEXT ENERGY is an integrated solution provider for renewable energy currently dedicated to solar PV, including services for solar module procurement, mounting system and energy storage system manufacturing, EPC, O&M and asset management. NEXT ENERGY also owns and operates GREENa – Japan’s first 100% renewable electricity supply plan.
2018 Cohort Winners
Battery Management – Brill Power
Brill Power develops intelligent battery management technology to increase the lifetime and reliability of lithium-ion battery packs for grid-scale energy storage and electric vehicles. Brill Power’s combination of novel hardware and intelligent software solutions extend the cycle life of conventional lithium-ion batteries by up to 60% while offering higher reliability than any other battery system. The company is a spin-out of Oxford University, led by three PhDs in battery technology and electronics and one MBA from Saïd Business School. To date, Brill Power has gained financial support from Climate KIC, Shell Technology Ventures, Oxford Sciences Innovation and Innovate UK.
2018 Cohort Finalists
SolarCoin is a blockchain-based commodity like air miles for solar power generation. It is available globally to solar power producers at the rate of 1SLR per MWh of validated solar power produced, and 6M+ SolarCoins have been granted as of March 2018 to solar producers in 58 countries. 44M Solarcoins are currently in circulation. ElectriCChain acts as an Affiliate to the SolarCoin Foundation in registering solar installations and solar power producers to the SolarCoin program and delivers open-source tools for the solar industry to adopt.
Demand Side Management (Commercial) – Limejump
Limejump is a technology-driven utility, using big data and the Cloud to create a unique Virtual Power Plant (VPP) that enables generators, energy storage and businesses to access the same market opportunities as large power stations. This not only maximises revenue for smaller market players but delivers more flexibility onto the system, creating a more sustainable solution to an increasing volume of intermittent renewables on the UK’s energy system. The Virtual Power Plant is providing cleaner and more cost-effective flexibility to keep the system balanced compared to paying large fossil fuel plants on standby, providing a scalable solution to some of the UK’s toughest energy challenges.