Japan’s grid operators select 1.25GW of BESS in capacity market auction with 6-hour duration requirement
AI-summarised brief · reviewed before publication
Japan's grid operators have selected 19 battery storage projects totaling 1,251MW in the third running of a national capacity market auction. The Organisation for Cross-regional Coordination of Transmission Operators (OCCTO) announced the results of its Long-Term Decarbonisation Power Sources Auction (LTDA) on May 13. The selected projects have a 6-hour duration requirement and will receive 20-year fixed-revenue contracts for capacity delivery beginning in FY2027. This marks the third annual staging of Japan's supplemental capacity market auction, which aims to add longer-term sources of clean energy capacity to the grid.