Operation Started for 'Off-site PPA Utilizing FIP-Transitioned Onshore Wind Power Plants'

Cosmo Eco Power, a group company of Cosmo Energy Holdings, and Nippon Steel Engineering have established and launched an off-site PPA scheme to supply electricity from onshore wind power plants owned and procured by Cosmo Eco Power to Kioxia Iwate. This scheme combines multiple onshore wind power plants that have transitioned from FIT to FIP to suppress output fluctuations and improve the hourly matching ratio. This initiative promotes the expansion of renewable energy and the decarbonization of consumers. The expected supply is approximately 35GWh/year in the first year, with an estimated CO2 reduction of 15,110 tons/year. Cosmo Eco Power provides flexible renewable energy procurement menus tailored to the needs of power producers and consumers through its aggregation service, while Nippon Steel Engineering provides decarbonization solutions by leveraging its engineering technology and expertise as a retail electricity provider.