Creating New Value through Private Power Generation Systems in Domestic Power Supply and Demand Balancing Market - Approach to Demand Response at Sagamihara Machinery Works -
Private power generation systems (including CGS) have been introduced so far mainly for the purpose of being used in the event of a power failure or for energy cost saving such as power peak cuts in summer. However, the rise of fuel prices following the rise of crude oil prices in the Middle East has been a hindrance to the promotion of the introduction or the regular operation of private power generation systems, even while the adoption of CGS has been advanced. Therefore, Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET, our company) proposes to customers new methods for utilizing private power generation systems, that recognize the advantages in introducing them through the approaches to demand response (hereafter DR) and the open market of balancing power described below. Under the reform efforts of the domestic power transmission and distribution system, a new power supply and demand balancing market was established, and our company has also been promoting entry into the market with the aim of creating new value of private power generation systems.
