We support for self-reliance of renewables from FiT
Renewable power is going to be integrated into the market.
zec.power creates a platform and cooperates with renewable power plant owners in dispersed locations, we are committed to providing the best possible service to our clients.
As the No.1 reliable aggregator we sell renewable power directly to such as the JEPX.*
*This service will be offered after the launch of the Feed-in-Premium (FIP), which is expected to start in April 2021.
We conduct direct marketing of your your renewable power (Solar and Wind only). In the direct marketing to the JEPX, a premium (market premium) is paid for the difference between the pre-determined fixed FIP price and the market reference price. If the market value of your power plant (quoted by us) is higher than the market reference price, we will add a further surcharge to your payment.
And through these businesses we support for self-reliance of renewable power from FIT.
Direct marketing to the Japan Electric Power Exchange (JEPX) etc.
Support for using the Feed-in Premium (FIP) program
Mitigate risks to power producers including imbalances
Support for measurement and storage of your power plant
Support for operation and control of your power plant
Online-Portal and simulation (in preparation)
GLOSSARY TO OUR SERVICES
Direct Marketing means the direct sale of renewable energy electricity to a electricity exchange. In Japan, renewable power is about to be integrated into the market, starting with solar and wind power, which was previously purchased by general transmission and distribution companies under the FIT system. In order to compensate for the difference between the conventional FIT price and the market price, a premium is added to the market price to compensate for the difference between the conventional FIT price and the market price. Japan’s electricity market transactions are still in the process of being innovated, and aggregators are expected to play a major role in facilitating and expanding market integration.
Market Premium Model/Feed-in-Premium (FIP)
A market premium model based on the FIP is being introduced in Japan as a means of integrating renewable power into the market. To make up the difference between the conventional FIT price and the selling price in the market, a certain level of premium is added to the market price, which is called a feed-in premium (FIP). In Germany, a leading country, the system was introduced as a selective system in 2012, and from 2016 it became mandatory for solar having over 100 kW. In addition to the market premium (FIP), the German FIP has also introduced a management premium, which covers a portion of the costs of trading and forecasting, and a flexibility premium, which encourages investment in response to price fluctuations.
Virtual Power Plant (VPP)
A virtual power plant (VPP) is a power plant that provides the same functionality as a power plant by allowing the owner of the demand-side energy resources, power generation facilities directly connected to the power grid, storage facilities, or third parties to control the energy resources. Although each distributed energy resource is small in scale, advanced energy management technology using the IoT can be used to bundle them (aggregation) and control them remotely and integrally to adjust the supply and demand balance of electricity and sell them directly to the market. It is also economically advantageous because there is no need to pay for the maintenance of large power generation facilities, and relatively simple small-scale power generation facilities can be used efficiently. In Europe and other countries, many VPP businesses have been launched along with the liberalization and decentralization of electricity businesses.