AI Storm Strengthens Partnership with Digital Grid for Energy Solutions

AI Storm and Digital Grid Partnership

AI Storm Inc., formerly known as Jexceed, based in Chiyoda-ku, Tokyo, has taken a significant step forward by establishing a solid partnership with Digital Grid Inc., located in Minato-ku, Tokyo. This collaboration involves signing a memorandum of understanding that significantly enhances the operational framework for the Battery Energy Storage System (BESS) project in Takanae Town, Miyazaki Prefecture.

Background and Market Trends

In Japan, the introduction of renewable energy sources, such as solar and wind power, is advancing rapidly, leading to a noticeable shift in energy dynamics. However, one of the pressing challenges that accompany this shift is the need to balance power supply and demand due to the fluctuations inherent in renewable energy production. The implementation of BESS—capable of storing energy and discharging it during peak times—is seen as a vital next-generation infrastructure to smooth out demand and supply while generating revenue by selling excess power back to the grid.

To maximize the value of BESS, it is crucial to have an aggregator function that manages everything from market bidding to supply-demand prediction and remote control. Partnering with businesses that possess specialized AI models for supply-demand management and automated platforms is expected to lead to an increase in reliability and profitability, as the demand for such solutions continues to grow.

Objectives

This agreement establishes a one-stop system that oversees everything from operational planning to market bidding and charge/discharge control, greatly enhancing the trustworthiness and profitability of the business. With this robust partnership, AI Storm aims to steadily advance towards its goal of surpassing a market capitalization of 50 billion yen, as outlined in its mid-term management plan.

About Digital Grid Inc.

Digital Grid Inc. was founded in October 2017 by CEO Yusuke Toyoda and is situated in Akasaka, Minato-ku, Tokyo. The company has obtained a government-recognized aggregator license and is actively expanding its non-FIT power supply management and Virtual PPA business. Its self-developed Digital Grid Platform (DGP) boasts an impressive record with over 1,000 companies in Japan. The DGP employs advanced supply-demand management technologies derived from an AI model co-developed with the Matsuo Laboratory at the University of Tokyo, enabling real-time optimization and automated bidding around the clock.

With a proven track record of collaboration in the financial and insurance sectors and recognition from the government and Japan Electric Power Exchange (JEPX), Digital Grid is among the select few acknowledged aggregator service providers, earning exceptional evaluation and trust within the industry due to its technological capabilities and market influence.

Future Outlook

The collaboration with Digital Grid positions AI Storm’s BESS business for unprecedented growth. By combining real-time supply-demand adjustment with advanced remote control capabilities, the partnership is expected to substantially increase profitability in the electricity market while leading the charge in renewable energy adoption.

Armed with this formidable partnership, AI Storm is committed to achieving the ambitious milestone of surpassing a market capitalization of 50 billion yen, as specified in its mid-term management strategy. Through its core BESS business, AI Storm will continue to push for challenge and growth, actively participating in the development of future social infrastructure.

Company Overview

- Company Name: AI Storm Inc. (formerly Jexceed)
- CEO: Toshio Imai
- Location: 3-17-11 Kanayama, Kanda, Chiyoda-ku, Tokyo, 9th floor of Eiyo Building
- Business Activities: AI technology, AI education, AI product development, ERP/HR consulting, LED vision, truck sales and leasing, ad truck advertising, IT equipment sales, etc.
- Website: AI Storm