Tokyo Electric, Toyota Join Hands For Battery Storage Solutions

Mobility Outlook Bureau
29 May 2023
12:13 PM
1 Min Read

As per the companies, it will be necessary to utilise storage batteries for electrified vehicles in the future to meet the increasing demand and need for energy storage for environmental and economic improvement.


Toyota Tepco

Tokyo Electric Power Company Holdings (TEPCO) and Toyota Motor Corporation have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO's operating technology and safety standards for stationary storage batteries and Toyota's system technology for electrified vehicle storage batteries.

This system will be installed in the Eurus Tashirotai Wind Farm by Toyota Tsusho Corporation and Eurus Energy Holdings Corporation, and the four companies will begin a collaborative verification project around the fall of this year.

As per the companies, it will be necessary to utilise storage batteries for electrified vehicles in the future to meet the increasing demand and needs for energy storage in environmental and economic improvement, participation in the electric power market, and as BCP measures among others, both in terms of price and quantity.

The verification project will confirm the system's operation, performance, and feasibility, including its potential for business use in the electricity market.

TEPCO HD and Toyota will evaluate the results of the verification project and work to develop storage battery systems with an eye toward consumer-oriented energy services and balancing electricity supply and demand capabilities to meet customers' energy storage needs.

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