Nuvve Holding Corp., a global cleantech company electrifying the planet through its intelligent energy platform, and Japan’s Chubu Electric Power Miraiz Company (Chubu), a high-tech demand response company, are strengthening an existing commercial agreement with the addition of three stationary, vehicle-to-grid (or V2G) capable lithium-ion batteries in two new locations in Japan to enhance grid service capabilities. The batteries are expected to serve both as a power source and to provide a variety of balancing and demand response services to the grid.
Chubu and Toyota Tsusho Corporation partnered with Nuvve in order to receive approval from the Japanese transmission system operator (TSO) earlier in 2022. Nuvve has over a decade of experience working with multiple TSOs worldwide to qualify aggregated electric vehicles and stationary batteries to provide and get paid for bi-directional grid services. In the case of this Japan-based deployment, TSO qualification allows the companies to bid available capacity and energy from stationary batteries into the Japanese market to provide flexibility and demand response services, generating revenues in return. These batteries will be added to two existing sites in Chita and Komaki for participation in Japan’s energy market.
This latest phase of the program connects Nuvve’s Grid Integrated Vehicle (GIVe™) platform to two industrial stationary storage batteries in Kyoto (1.425 MWh /500kW and 0.178 MWh/125kW) and one in Toki (0.534 MWh/250kW), for a combined total of 2.137 MWh/875kW capacity.