President’s Message
TEPCO Energy Partner has primarily two missions.
The first is to provide power services that our customers continue to choose into the future. Power services that are not affected by tight supply-demand situations and fluctuate little in terms of price are indispensable for bringing peace of mind to our customers and enabling them to develop their businesses.
We are improving agility on both the power supply-side and the demand-side in order to provide such power services.
By flexibly optimizing power supply portfolios that combine stable power supply contracts with market procurement on the power supply-side, and load curves that utilize demand response and virtual power plants on the demand-side, we provide service that is stable in terms of both quantity and price.
In particular, TEPCO Energy Partner is proactively purchasing from large power sources nationwide as well as distributed resources, such as storage batteries and renewable energies. As a result, we will be able to meet the customer need of “stabilizing power prices.”
Furthermore, by leveraging our strengths as Japan’s largest electricity retailer (*), we have started providing supply-demand operation services traditionally used for TEPCO Energy Partner’s electricity business to new Power Producer and Supplier companies and those who have distributed power sources.
Based on this varied power source portfolio, in FY2024 we began offering to extra high-voltage and high-voltage customers three rate plans (market price adjustment-free plan, basic plan, market price-linked plan) that are different in market procurement element depending on price fluctuation margins, from which customers can freely choose by themselves.
Anyone that wishes to sell power, has interest in our supply-demand operation service, or would like to sign up for our electricity rate plan should visit our website for application.
Our second mission is to achieve carbon neutrality.
In order to achieve carbon neutrality, the TEPCO Group is engaged in many initiatives to utilize zero-emission power sources, such as renewable energies and nuclear power. However, at the same time, in order to achieve carbon neutrality throughout the whole of Japan, it is important that we encourage our customers to become carbon neutral as well.
TEPCO Energy Partner is urging customers to engage in the “local-production/local-consumption of energy” by which they make the electricity they need through photovoltaic power generation, etc., store that power in storage batteries, and only use it when they need it.
The “local production/local consumption of energy” is a new type of power service that is not easily impacted by the external environment, such as fuel prices and the power market.
Furthermore, since we are utilizing solar power and storage batteries, we are able to leverage the most out of renewable energies thereby continually reducing the amount of grid power consumed, and ultimately reducing the cost burden on the customer. And, in the end, this helps to maintain power supply stability.
Amidst the global trend towards carbon neutrality, TEPCO Energy Partner is leading the industry and proactively promoting the local-production/local-consumption of energy with the intent to strengthen this worldwide movement.
Momoko Nagasaki
President
TEPCO Energy Partner, Inc.
*In the chart 3-(1) “Power Demand Performance” (May 2024) (in Japanese only) of “Statistics” (Agency for Natural Resources and Energy), TEPCO Energy Partner’s power demand performance is the largest nationwide.
