What we do
Japan Energy Challenge provides a series of energy innovation programmes aimed at helping international energy sector companies demonstrate their products with their first major customer in Japan - the world’s most dynamic and exciting energy market. While our activities are ongoing, our central event is our annual Venture Competition held in London. As part of JEC2019, we also are hosting a Startup Pitch Competition to promote promising ventures in the pre-seed/seed/Series A stage.
We aim to be the fastest and best option for these promising companies to begin unlocking the massive opportunity in the area. We succeed when our network members find clients, pilot projects, sales opportunities, and funding to help bring their products to Japan.
Our Programs for 2019
6-8 August 2019, London
For established & growing energy sector companies looking for opportunities to break into the Japanese energy market
5 August 2019, London
For early-stage (pre-Series B) energy sector companies looking to attract the interest of key players in the Japanese energy sector
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 1.6M customers (Nov 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.
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.
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.
SOWA SHELL SEKIYU K.K. is the Shell brand licensee and one of the major oil companies in Japan. They also provide energy solutions for businesses with operating power plants and deliver renewable-sourced electricity. Solar Frontier, the world largest CIS solar energy solution provider, is their 100% subsidiary company and operates as independent solar power producer in Japan and worldwide.
HOKURIKU ELECTRIC is a vertically integrated electricity supplier serving about 2.1M customers. Their generation mix is characterised by a higher ratio of hydroelectric power thanks to plentiful water resources in their area. Their Transmission/Distribution Division will be reformed as a separate entity in 2020 and plans to install smart meters to all household by 2024.
LOOOP operates a low-voltage power retail business ‘Looop Denki’ and is among the fastest growing new entrants in the energy sector. Since starting in April 2016, the business has gained over 130,000 users by the end of December 2018. After reaching this critical turning point, Looop is also a successful energy EPC/IPP player, selling over 100MW capacity of rooftop solar panels for their residential and business customers.
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 a crude refining capacity of around 2 million barrels 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.
CHUBU ELECTRIC POWER is Japan's third largest energy utility provider. They are transforming by separating their organisation into three divisions, Power generation, Transmission/distribution, and Sales. With a FY2018 target of 130 TWh sold, they established a new sales company in Tokyo area. Their priority is improving the local community by utilising their infrastructure and data as well as new technology.
TOHO GAS is the third largest city gas supplier in Japan with 2.46 million customers. They also have a growing electricity supply business, aiming to grow customer acquisition by 60% in 2018. Furthermore, Toho Gas also provide services related to connected homes, business energy support, and energy resource aggregation & balancing.