#Japan #AI Technology #Tokyo #BIPROGY #Solar Forecasting

Main Features of Bulk Forecasting

The primary advantages of the new bulk forecasting feature include:
1. Accurate Predictions for Small-scale Solar Installations: Users can group low- and medium-pressure installations together and predict the overall power output as if they were a single power station. This allows improved prediction accuracy across multiple sites.
2. Reduced Financial Risk: By using correlated weather data for each group, BIPROGY can better forecast surplus electricity, which can significantly lower imbalance charges. The company also offers service plans that help share these costs, easing the financial burden for electricity retailers and generators.
3. High Accuracy Through Proprietary AI: BIPROGY leverages its proprietary AI technology to ensure high prediction accuracy by analyzing power data alongside weather data through machine learning techniques. This supports customers in optimizing their revenue.

Real-world Applications

The new bulk forecasting capability can be utilized in various scenarios, such as:

• - Local Electricity Providers: They can use surplus electricity from smaller solar installations to cater to demand within their community.
• - Energy Supply Entities: These organizations can leverage the technology to meet renewable energy supply targets under the Energy Supply Structure Enhancement Act.
• - Corporate Energy Users: Companies can utilize surplus solar energy to enhance their renewable energy ratios via self-transmission systems.

Future Directions

BIPROGY is committed to evolving its solar forecasting service further. Plans include introducing regenerative energy storage control services and participating in demand-side renewable energy business operations. Additionally, the company aims to optimize the procurement and management of non-fossil certificates through its service "Re:lvis," which is poised to harness solar energy's environmental value efficiently. BIPROGY is aspiring to reach annual revenues of 500 million yen by 2030 through these initiatives, underlining its pivotal role in combating climate change and promoting a low-carbon, sustainable society.

Conclusion

The introduction of BIPROGY's bulk forecasting services not only aligns with its mission to support renewable energy but also addresses critical economic concerns among electricity providers. With the growing adoption of solar energy, such innovative solutions are vital for creating a resilient and sustainable energy landscape. For more information on the solar forecasting service, visit BIPROGY's official page.

The company's strategic direction, as outlined in their management policy for 2024-2026, emphasizes their commitment to energy innovations and collaborations with stakeholders to foster sustainable growth in the energy sector. For details on their corporate management direction, refer to the official management policy document.

BIPROGY is a registered trademark. The information provided reflects the status at the time of publication and is subject to change without notice.