Toshiba and ITRI Partner for Taiwan's VPP Development

• Toshiba and Taiwan's ITRI join forces to boost Taiwan's power infrastructure with cutting-edge VPP solutions, paving the way for a greener and more resilient energy future.

Toshiba and Taiwan's ITRI signed an MoU to collaborate on VPP opportunities in Taiwan. The partnership aims to enhance the stability of the country's power infrastructure through market trading operations and resource management strategies. Toshiba will provide expertise in resource aggregation technologies, including predictive analytics for power generation, renewable energy, and battery storage, while ITRI will share knowledge on the energy market framework and technologies for Demand Response and battery energy storage system integration. Taiwan targets renewables to make up 27%-30% of its energy mix by 2030.

What are Toshiba and ITRI collaborating on to enhance Taiwan's power infrastructure stability?

• Toshiba and ITRI are collaborating on Virtual Power Plant (VPP) opportunities in Taiwan
  
• The partnership aims to enhance the stability of Taiwan's power infrastructure through market trading operations and resource management strategies
  
• Toshiba will provide expertise in resource aggregation technologies, including predictive analytics for power generation, renewable energy, and battery storage
  
• ITRI will share knowledge on the energy market framework and technologies for Demand Response and battery energy storage system integration
• Taiwan aims for renewables to constitute 27%-30% of its energy mix by 2030