Japan Energy Challenge 2019

What​ ​we​ ​do

Japan Energy Challenge is an energy innovation program aimed at helping innovative companies demonstrate their products with their first major customer in Japan - the world’s most dynamic and exciting energy market.

We aim to be the fastest and best option for promising energy sector companies to begin unlocking the massive opportunity in the area. We succeed when our winners find clients, pilot projects, sales opportunities, and funding from our partners.

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Who​ ​we​ ​are

Japan Energy Challenge is comprised of a consortium of forward-thinking Japanese and European partners in the energy sector. It includes suppliers and generators providing energy to millions of customers, Japan’s leading energy switching website, and some of the world’s largest multinational engineering & technology companies.

All are invested in finding the best ideas from outside Japan to apply to enhance their own product offerings and  take the lead in the energy transition. Read more about the management team here.

Our Programs for 2019

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For established & growing energy sector companies looking for opportunities to break into the Japanese energy market

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For early-stage (pre-Series B) energy sector companies looking to attract the interest of key players in the Japanese energy sector and win prizes

Why​ ​Japan?

For innovative energy sector companies starting their global expansion, Japan is a massive opportunity that cannot be ignored.

With over 900 TWh of annual electricity consumption, Japan is the fourth largest consuming nation in the world. It’s also in a period of rapid political, industrial, and technological change.

In March 2016 - one month before liberalising - Japan’s electricity market size was $150B. Nearly two years later, the market is highly competitive with the former incumbents and dozens of new entrants fighting for market share and new technologies that will give them an edge.

In 2015, Japan became largest procurer in the world of smart-metering solutions. Every household - nearly 80M in total - is expected to have a smart-meter installed by 2025.

These advancements have made Japan a hotbed of change and opportunity. However, entering the market from overseas can be challenging. The Japan Energy Challenge is a program designed to select promising technologies and match them with companies in the Japanese energy sector who are looking to innovate.

2018 partners

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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.

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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.

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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.

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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.

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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.

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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.

Any questions?

Get in touch with us at info@japanenergychallenge.com