#Japan #Tokyo #SolaX Power #Remixpoint #DR Plans

Introduction

In recent years, businesses have been looking for innovative solutions to manage energy costs and risks effectively. Remixpoint, a Japanese company listed on the Tokyo Stock Exchange, aims to bridge the gap between power consumption and sustainable energy practices. Their latest offering combines high-voltage demand response (DR) programs with advanced battery systems, enabling significant cost reductions while managing the challenges posed by rising energy prices. This article will explore Remixpoint's initiatives, particularly the DR program tailored for businesses, and detail a recent successful implementation.

Remixpoint’s New Initiatives

Remixpoint is embraced as a retail electricity supplier registered under the economic ministry's program aimed at facilitating the installation of energy storage systems in commercial industries. This program, initiated in fiscal year 2024, allows companies to receive subsidies for implementing DR electricity plans. As one of the four approved power companies eligible for this funding, Remixpoint has already secured seven contracts in its inaugural year and recently completed installation for one notable project.

Case Study: Manufacturing Sector

Industry: Manufacturing
Location: Nara Prefecture
Contract Plan: JEPX Standard DR Plan (high-voltage, market-linked)
Installed System: SolaX Power battery system (rated capacity of 261 kWh)
Objective: Reduce electricity costs
Savings Achieved: ¥3.2 million annually
Additional Benefits: Contributing to power supply and demand adjustment

The deployment of this battery system underscores the effectiveness of Remixpoint's approach to combining technologies that mitigate electricity costs and risks associated with fluctuating power prices.

Overview of the DR Program

To maintain a stable energy supply, it’s crucial to balance energy demand and supply. Demand response (DR) is a collaborative effort between electricity suppliers and consumers to manage energy consumption efficiently. Customers enrolled in Remixpoint’s JEPX Standard DR Plan receive rewards, in the form of Dr. points, for their contributions to energy saving. By incorporating SolaX Power battery systems designed for a market-linked energy plan, customers can effectively manage their participation in the program.

The DR program allows users to charge battery systems during low-cost periods and discharge during peak price times, presenting a dual benefit of risk mitigation amidst rising electricity prices and overall cost savings.

Four Economic Benefits of Adopting the DR Program

By joining Remixpoint’s program, businesses can enjoy several financial advantages:

1. Mitigation of Price Surge Risks: The market-linked plan offers competitive pricing compared to fixed-rate plans. However, it exposes customers to price surges. By integrating a battery system, clients can strategically charge during low-rate periods and discharge during high-rate times, effectively mitigating risks of price hikes.

2. Tax Incentives for SMEs: The Japanese government's