Nice and ReENE Introduce 'Renewable Energy Supply Scheme' Utilizing FIT Specific Wholesale System
Nice Corporation and ReENE Co., Ltd. will introduce a renewable energy supply scheme utilizing the FIT specific wholesale system starting July 2026. The scheme will supply electricity from Nice's solar power plant to its headquarters via ReENE, establishing a virtual self-consumption model.
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- 📰 Published: May 19, 2026 at 19:32
- 🔍 Collected: May 19, 2026 at 11:01
- 🤖 AI Analyzed: May 19, 2026 at 12:19 (1h 17m after Collected)
Nice Corporation (Headquarters: Tsurumi-ku, Yokohama City, President: Hironori Tsuto, hereinafter 'Nice') and ReENE Co., Ltd. (Headquarters: Shibuya-ku, Tokyo, President: Keisuke Nishida, hereinafter 'ReENE') have agreed to introduce a 'renewable energy supply scheme' utilizing the FIT specific wholesale system starting in July 2026.
Under this initiative, renewable energy electricity generated at the 'Kisarazu Logistics Center Solar Power Plant' (hereinafter 'FIT Power Plant') owned by Nice in Kisarazu City, Chiba Prefecture, along with FIT non-fossil certificates with tracking that prove its environmental value, will be supplied by ReENE as 'ReENE Denki' to Nice's headquarters building and other locations.
Through this, Nice will establish a 'virtual self-consumption model' where it consumes the renewable energy electricity generated by its own physically distant asset (FIT Power Plant) at its own operational bases, simultaneously realizing intra-group energy circulation and reducing environmental burden.
Nice will continue to work on reducing greenhouse gas emissions through the proactive use of renewable energy, and contribute to the realization of a decarbonized society by lowering the environmental impact of its business activities.
*The 'FIT Specific Wholesale System' is a system where, by prior agreement between a power generation business operator and a retail electricity business operator, the retail electricity business operator can designate and procure electricity from a specific power plant that has been purchased by a general transmission and distribution business operator.
Overview of the Renewable Energy Supply Scheme (Image)
About Nice Corporation (Nice Corporation Website https://www.nice.co.jp/)
The Nice Group, with Nice at its core, is a company with roots in timber distribution, working on the cyclical use of rich domestic forest resources by promoting the use of timber, such as encouraging the shift to wooden and wood-based housing and buildings. Furthermore, by providing environmentally friendly products and services that contribute to energy saving and zero-energy housing and buildings, it contributes to reducing greenhouse gas emissions and promotes climate change countermeasures through its business activities.
Regarding the company's greenhouse gas emissions (total of Scope 1 and 2), the CO2 absorption of its company-owned forest, 'Nice no Mori', exceeds the emissions, achieving carbon neutrality for two consecutive fiscal years since the fiscal year ending March 2024. Currently, the company is working on further reducing its environmental burden towards achieving its target of a '50% reduction in the company's greenhouse gas emissions (compared to the fiscal year ending March 2022)' for the fiscal year ending March 2030.
About ReENE Co., Ltd. (ReENE Co., Ltd. Website https://www.reene.co.jp/)
In September 2021, 'ReENE Co., Ltd. (100% owned by Tokyu Land Corporation)' was established for the purpose of further expanding the renewable energy business in the future, acquiring specialized personnel, and accumulating know-how. The company registered as a retail electricity business operator in December 2022 and as a specific wholesale supply business operator from the Minister of Economy, Trade and Industry in December 2024, expanding its aggregation business such as power adjustment and control in addition to supplying power derived from renewable energy power plants.
About 'ReENE Denki' (ReENE Denki Website https://service.reene.co.jp/)
This is a power supply service for corporations provided by ReENE. ReENE Denki offers three plans, proposing solutions tailored to customer needs, ranging from a renewable energy plan that allows procurement of additional renewable energy power to a cost-focused standard plan.
Under this initiative, renewable energy electricity generated at the 'Kisarazu Logistics Center Solar Power Plant' (hereinafter 'FIT Power Plant') owned by Nice in Kisarazu City, Chiba Prefecture, along with FIT non-fossil certificates with tracking that prove its environmental value, will be supplied by ReENE as 'ReENE Denki' to Nice's headquarters building and other locations.
Through this, Nice will establish a 'virtual self-consumption model' where it consumes the renewable energy electricity generated by its own physically distant asset (FIT Power Plant) at its own operational bases, simultaneously realizing intra-group energy circulation and reducing environmental burden.
Nice will continue to work on reducing greenhouse gas emissions through the proactive use of renewable energy, and contribute to the realization of a decarbonized society by lowering the environmental impact of its business activities.
*The 'FIT Specific Wholesale System' is a system where, by prior agreement between a power generation business operator and a retail electricity business operator, the retail electricity business operator can designate and procure electricity from a specific power plant that has been purchased by a general transmission and distribution business operator.
Overview of the Renewable Energy Supply Scheme (Image)
About Nice Corporation (Nice Corporation Website https://www.nice.co.jp/)
The Nice Group, with Nice at its core, is a company with roots in timber distribution, working on the cyclical use of rich domestic forest resources by promoting the use of timber, such as encouraging the shift to wooden and wood-based housing and buildings. Furthermore, by providing environmentally friendly products and services that contribute to energy saving and zero-energy housing and buildings, it contributes to reducing greenhouse gas emissions and promotes climate change countermeasures through its business activities.
Regarding the company's greenhouse gas emissions (total of Scope 1 and 2), the CO2 absorption of its company-owned forest, 'Nice no Mori', exceeds the emissions, achieving carbon neutrality for two consecutive fiscal years since the fiscal year ending March 2024. Currently, the company is working on further reducing its environmental burden towards achieving its target of a '50% reduction in the company's greenhouse gas emissions (compared to the fiscal year ending March 2022)' for the fiscal year ending March 2030.
About ReENE Co., Ltd. (ReENE Co., Ltd. Website https://www.reene.co.jp/)
In September 2021, 'ReENE Co., Ltd. (100% owned by Tokyu Land Corporation)' was established for the purpose of further expanding the renewable energy business in the future, acquiring specialized personnel, and accumulating know-how. The company registered as a retail electricity business operator in December 2022 and as a specific wholesale supply business operator from the Minister of Economy, Trade and Industry in December 2024, expanding its aggregation business such as power adjustment and control in addition to supplying power derived from renewable energy power plants.
About 'ReENE Denki' (ReENE Denki Website https://service.reene.co.jp/)
This is a power supply service for corporations provided by ReENE. ReENE Denki offers three plans, proposing solutions tailored to customer needs, ranging from a renewable energy plan that allows procurement of additional renewable energy power to a cost-focused standard plan.
FAQ
What is the FIT specific wholesale system?
A system where retail electricity providers can procure electricity from specific power plants bought by general transmission and distribution operators.
What is the purpose of Nice Corporation's initiative?
To establish a 'virtual self-consumption model' by consuming renewable energy generated by its own assets.
What is the role of ReENE?
To supply electricity and environmental value from Nice's power plant to Nice's headquarters via 'ReENE Denki'.