AI Solution
for Grid Arbitrage

AI x Grid Battery

Maximize Battery
Efficiency and Revenue

PowerX's cloud-based AI automates battery operations (wholesale power trading and charge & discharge control) to maximize battery performance and profits.

Installability

Real-time
Battery Optimization

The AI Solution can be implemented in existing battery assets through integration with third-party EMS or VPP platforms.

Automaticity

Automatic Charge and
Discharge Operations

Obtaining the daily bidding plan from the AI's web system is possible every day before the Day-Ahead Energy Market closes. In addition, API integration with the supply-demand management system allows for streamlined automation of JEPX bidding.

Profitability

AI-enabled Battery
Asset Monetization

Manual bidding profit:78 milion JPY, AI-driven bidding profit : 138 million JPY

The outcome of an annual operational simulation for an energy storage system with a capacity of 30MWh shows that PowerX's AI software can achieve an average profit improvement of 76%* compared to the conventional approach of manual bidding and daily charge/discharge control. *based on in-house research

Simulation

Battery Operational
Profit Simulator

+2,873,450,450JPY

2022/3/14 to 2023/3/15

Electricity sales profit (for the current month)

Cumulative electricity sales profit (until the previous month)

Current profit

+2,873,450JPY

Daily cumulative
profit (simulation)

+24,440JPY

11:20:32 2023/3/15

Electricity sales profit

Expected profit from electricity sales

Basic Conditions

Number of batteries: 3000kWh * 10
Location: Location selected
Grid connection conditions: Special High Voltage Standard Connection Transmission Service (as of February 23, 2023)
Power connection: 5000kW (for both sending/receiving power)

Initial profit: 0
AC/DC conversion loss: 4%
Battery internal energy loss: 2%
Battery deterioration: 75% capacity after 6000 cycles.
Depreciation: Not included

Additional Conditions

System integration costs: Not included
Input kW to battery: Input/output 5,000kW
Demand charge during battery charging: Occurs in response to charging / discharging losses
Demand charge during battery discharging: Currently not considering power generation basic charge

Rent: Not included
Maintenance: Not included
Taxes: Not included

Reference for the electricity selling price

Japan Electric Power Exchange http://www.jepx.org/

Legal Information & Notices

Disclaimers:

While we make every effort to maintain the reliability of our website, PowerX, Inc. does not guarantee the accuracy, validity, or any other aspect of the written content or its substance on our website. We do not take any responsibility for any damages incurred directly or indirectly as a result of the use of our website or accidents that occur within our website. Additionally, we cannot assume any responsibility for the content of websites linked to our website. Also, please be aware that the contents and URLs on our website may be changed or terminated without notice.

Links to the Website:

You may link to our website without contacting us, regardless of whether the link is for profit or non-profit purposes or whether it is on an intranet or public network. However, we strictly prohibit links from websites that fall under the following categories or have the potential to do so. Even if your website does not fall under the following categories, we may ask you to change how you link or remove the link entirely. Please note that our website must be displayed in a new browser, or the screen must be completely switched to our website in order to link to our website.

Categories of Prohibited Links:

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In addition, links that use our registered trademarks, logos, and other marks without permission are prohibited. We also do not permit links that could mislead the source of information. Please note that the URL of our website may be changed without notice. We are not responsible for any damages or complaints related to linking.

Example 1

Projected energy price on a day when fluctuation is high

Given the typical pattern of fluctuations in weather and electricity prices, the AI’s algorithms can predict wholesale prices based on the demand situation and map out optimal charging/discharging instructions for batteries.

Example 2

Projected energy price on a day when fluctuation is low

Predicting prices and determining optimal charging/discharging instructions based on manual operations becomes challenging when there is ambiguity in the fluctuations of weather and electricity prices.

Example 3

Projected energy price: Manual operations vs. AI

When complex conditions arise, such as ambiguous weather and price fluctuations, manually predicting the appropriate timing for charging/discharging becomes difficult. PowerX's AI solution utilizes algorithms to achieve efficient charging/discharging all year round.

AI Solution for Grid Arbitrage