Volue Signs Proof of Concept for Smart Power in Japan with Undisclosed Counterpart

Following the proven market fit and successful entry into Japan with the Insight platform, Volue has decided to move forward with optimisation capabilities through the Smart Power suite.

Published

Jan 4, 2024

Wind turbines with clouds in the background

Following the proven market fit and successful entry into Japan with the Insight platform, Volue has decided to move forward with optimisation capabilities through the Smart Power suite. In that context, Volue is proud to announce the signing of a proof-of-concept agreement with an undisclosed counterpart.

Going forward, markets in Japan are evolving and increased intermittent PV and wind capacity is brought online. Consequently, market prices will become more volatile and with it the value of strong optimisation capabilities will increase. The PoC will run throughout 2024, demonstrating the value to be extracted from optimising assets with Volue Smart Power.

“We’ve made a controlled entry in Japan, testing the waters with our Insight platform. A year in, the answers we’ve gotten from the market provides us with the confidence to move forward with the plan and into the next phase. Adding Smart Power to our available offerings in Japan marks an important step on our journey in the country, and we are excited for the road ahead”, says Trond Straume, CEO of Volue.