About Japan Osaka New Energy Storage
Osaka Gas, a major Japanese utility, has co-invested in a new spinoff from CSIRO that is developing next-generation concentrated solar thermal (CST) technology. The technology has the potential to cut emissions in heavy industries such as minerals refining, steel, cement and chemical production.
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About Japan Osaka New Energy Storage video introduction
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6 FAQs about [Japan Osaka New Energy Storage]
What is Itochu & Osaka Gas?
With this business, ITOCHU will design and supply energy storage system and power conditioners from its own procurement network, and will also build and maintain an optimal storage system. Osaka Gas will oversee trading in the energy market and control of the storage plant by utilizing its knowledge of the energy trade.
Who is Osaka Gas?
Osaka Gas has been operating in Australia for several years, offering energy, heat and electricity solutions tailored for the Australian resources sector.
What is Austrade doing for Osaka Gas?
Austrade has been providing Osaka Gas with regular updates on Australia’s renewable energy and hydrogen industries, including information about programs such as ARENA’s A$40 million funding for next-generation solar technology. Austrade has also invited Osaka Gas to clean energy seminars and the Decarbonisation Summit in Australia.
Why is Itochu working with Osaka Gas & Tokyo century?
ITOCHU will work on this business together with Osaka Gas and Tokyo Century to ensure that the balancing power produced through this business can contribute to the further introduction and stable supply of renewable energy. Open area within the OSAKA GAS NETWORK CO., LTD. Senri Supply Center grounds
Does Osaka Gas have a spinoff with CSIRO?
The Japanese utility giant will share its energy expertise to help develop a new solar thermal technology. Osaka Gas, a major Japanese utility, has co-invested in a new spinoff from CSIRO that is developing next-generation concentrated solar thermal (CST) technology.
How will Itochu contribute to the stabilization of Japanese electric systems?
By using the energy from these energy storage batteries in the wholesale electricity market, the balancing market, and the capacity market, ITOCHU will contribute towards the stabilization of Japanese electric systems. Installation will begin in the first half of FY2023 and operations are expected to begin in FY2025.
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