#Japan #Tokyo #AIsolutions #ELIC #Sustech

RS Asset Management and Sustech's Joint Initiative with ELIC

In an innovative move towards enhancing the profitability of renewable energy operations, RS Asset Management Co., Ltd. (RSAM) and Sustech Co., Ltd. have announced their collaboration on a joint research initiative utilizing Sustech's AI power management platform, ELIC. This partnership signifies an important step as both companies aim to optimize the management of renewable energy facilities across Japan.

Background and Objectives of the Collaboration

As the adoption of renewable energy continues to expand in Japan, a shift from the Feed-in Tariff (FIT) system to a market-based Feed-in Premium (FIP) system is accelerating the need for adaptation against output restrictions and price volatility. These factors have emerged as critical challenges for energy production operations. Alongside these challenges, the need for battery storage solutions and their high-level operation has become increasingly urgent for stabilizing the power grid and achieving decarbonization goals.

In response to these growing demands, Sustech’s ELIC platform leverages state-of-the-art AI technology to facilitate the efficient and advanced operation of non-FIT renewable energy sources and battery storage. It provides a comprehensive service that features high-precision forecasting of energy generation and market prices, optimization control across multiple markets, and seamless information sharing essential for energy aggregation.

The collaboration will harness the strengths and know-how of both RSAM and Sustech, aspiring not only to enhance the profitability of renewable energy facilities but also to contribute significantly to the establishment of a sustainable energy society.

About RS Asset Management Co., Ltd.

RS Asset Management emphasizes their commitment to ensuring safe and stable power supply through their involvement in renewable energy projects, primarily centered around solar power. The company operates approximately 145 power generation facilities nationwide, amassing a total generating capacity of 1.5GW across the RS Group.

• - CEO: Yuji Hirabayashi
• - Address: 6-3-1 Roppongi, Roppongi Hills Cross Point 6F, Minato, Tokyo
• - Established: March 2013
• - Capital: 500 million yen
• - Website: RS Asset Management

About Sustech Co., Ltd.

Founded on the philosophy of leveraging technology to support decarbonization initiatives for businesses and society, Sustech has developed multiple carbon neutrality support platforms, including the decarbonization support platform CARBONIX and the decentralized energy management platform ELIC.

• - CEOs: Yusuke Tano and Yuichiro Iida
• - Address: 3-1-14 Shiba Park, Hanshin Building 5F, Minato, Tokyo
• - Established: June 2021
• - Capital: 3.65 billion yen (including capital reserve)
• - Website: Sustech

Inquiry Contacts for This Initiative

RS Asset Management PR Department

• - Phone: 03-6441-2946
• - Email: pr@rs-holdings.co.jp

Sustech PR Department

• - Phone: 03-6722-6301
• - Email: info@sustech-inc.com