Japan Wind Wants to Tripling Market Share

President Masayuki Tsukawaki said in an interview on Bloomberg television, he wants to capture a third of the country's market by 2020. The Tokyo-based company is in talks with utilities in the U.S., Europe and Canada to build plants similar to its wind farm at Futamata in northern Japan, where power is stored in batteries and released to the grid during peak demand.

The technology enables the company to sell electricity when prices are highest, even if the wind isn't blowing. JWD is doing final tests at Futamata and is due to start full commercial power output this year. Tsukawaki said the plant is the linchpin of JWD's push to triple profit by the year ending March 2011.

The Futamata plant, one of 24 wind-power plants operated by JWD, is supported by NGK Insulators Ltd.-made sodium-sulfur batteries, which have 4.3 times the capacity of conventional lead-acid devices. The units help JWD release power to the grid on demand, enabling it to sell through wholesaler Japan Electric Power Exchange at a better price than local power companies.

TheBioenergySite News Desk

Sign up for our
regular news updates

Latest Bioenergy Industry News

•   Schafer Leads US Delegation to Brazil Conference
•   USDA Invites Applications for Biorefinery Loans
•   Biofuels Not to Blame for Food Price Rises
•   CAP Health Check Will Help Farmers
•   Energy Diversification and Climate Change
•   Immediate Reform of UN Body Urged
•   Project Breaks Solar Efficiency Record
•   Ethanol Agreement Between China and Brazil
•   Ethanol from Sugar for Angola
•   Biodiesel Plant Opens in Danville