On August 8, 2019, Miyagi Prefecture announced that it has partnered with Tohoku Electric Power Company to conduct a pilot project for a virtual power interchange system and virtual power plants (VPP). The project aims to advance the efficiency of renewable energy by using digital technology.
The project will begin operation soon and run until March 2021. It will test VPP and P2P (peer-to-peer) energy sharing using solar power generation facilities and storage batteries installed in 7 regional joint government offices in Miyagi Prefecture. The electricity produced by solar power and electricity demand in each building will be measured via blockchain technology. The project will also examine how to transfer surplus electricity from one building to another, verifying the effect of P2P energy sharing. Additionally, a storage battery installed in the Kesennuma regional joint government office will be remotely monitored and optimally controlled by a VPP to extend the life of the storage battery and verify its capability to balance power supply and demand.[1]
[1] http://www.tohoku-epco.co.jp/news/normal/1202078_1049.html