SECOM Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; President: Yasuyuki Yoshida) has signed a Virtual PPA (Virtual Power Purchase Agreement) with Toshiba Corporation (Headquarters: Kawasaki-shi, Kanagawa; President: Taro Shimada), a scheme for trading the environmental value of renewable energy.

SECOM has been procuring renewable energy, mainly from solar and wind power generation. This time, it will utilize rooftop solar power generation, which is scheduled to start operation in October 2026, as renewable energy with additionality to achieve RE100.

<Virtual PPA Scheme Image>

Going forward, SECOM will continue to utilize newly established renewable energy power plants, expand the long-term stable use of renewable energy, and contribute not only to its own emission reductions but also to improving the ratio of renewable energy in society as a whole.

(Reference)

Virtual PPA (Virtual Power Purchase Agreement)

This is a new scheme for using renewable energy that started in Japan in 2022. It is a power sales contract in which a consumer virtually procures the environmental value of renewable energy-derived electricity generated at a power plant built outside its own premises. In this scheme, since electricity and environmental value are separated and traded independently, it is not subject to physical constraints, and environmental value can be procured even at locations far from the power plant.

Additionality

This indicates the effect of creating new renewable energy for society as a whole and promoting investment in new renewable energy facilities. In recent years, the importance of additionality has increased as a criterion for consumers when procuring renewable energy from the perspective of curbing climate change.

SECOM HP "Sustainability" Site - Global Warming Prevention

https://www.secom.co.jp/corporate/sustainability/infra/environment/warming.html

Press Release: SECOM Group Acquires "SBT" Certification and Joins "RE100" (July 15, 2021)

https://www.secom.co.jp/corporate/release/2021/nr_20210715.html

FACT BOX

  • Source: PR TIMES
  • Category: Partnership