Virtual Power Plant Project Starts in Toyota City

Chubu Electric Power Co., Inc., Denso Corporation, Toyota Motor Corporation and Toyota Turbine and Systems Inc., together with Toyota City, have launched a "virtual power plant" demonstration project, which aims to achieve the local production and consumption of renewable energy. The project outlines the construction of a virtual power plant that will regulate electric power demand according to the supply of electric power generated from renewable energy in Toyota City and that will enable multiple user-side energy resources to function as if they were a single power plant.