Launch of 'Off-site PPA Utilizing FIP-Transitioned Onshore Wind Power Plants' - Jointly Building a Scheme to Suppress Fluctuation Risks

Cosmo Eco Power, a group company of Cosmo Energy Holdings, and Nippon Steel Engineering have jointly built and launched an off-site PPA scheme to supply power from onshore wind farms to Kioxia Iwate. This scheme combines power from multiple onshore wind farms that have transitioned from FIT to FIP to suppress output fluctuations and improve the hourly matching ratio. This promotes the expansion of renewable energy and contributes to the decarbonization of the consumer's power usage. The scheme utilizes wind farms such as the Shin-Iwaya Wind Park and Tsurugamine Wind Power Plant. The annual supply is expected to be approximately 35 GWh, with a CO2 reduction effect of 15,110 tons per year. Cosmo Eco Power provides aggregation services, and Nippon Steel Engineering acts as the retail electricity provider. Both companies contribute to the realization of a carbon-neutral society.