PLEXOS Selected for Optimization Plan of Tohoku Electric Power Co.

Energy Exemplar is honored to have been selected by Tohoku Electric Power Company to provide its award-winning energy modeling and simulation software, PLEXOS. PLEXOS will become the tool of choice to enable Tohoku to model and analyze its entire energy value chain.

“PLEXOS is a software that can perform optimization of the entire energy system including electricity, gas, and their markets in a single integrated process. The software reproduces the characteristics and behavior of actual power and gas systems and finds the best solution from a variety of options through mathematical optimization.” 

“We chose PLEXOS because it is unique in that, besides conventional electricity supply and demand simulation, it can also co-optimize gas and other market factors. We expect PLEXOS to provide powerful support for Tohoku Electric's optimization goals."

- Michihito Watanabe,
Deputy General Manager, Business Strategy Department, Power Generation Company, Tohoku Electric Power Co.

“Tohoku Electric is working to optimize the value chain from fuel to power generation, sales, and trading, and to maximize profits in light of intense trends in the electricity and fuel markets. Since our portfolio of fuel contracts and power generation facilities covers a wide range of areas, it is essential to share data from each department, including thermal power generation, fuel procurement, and trading, as well as supply-demand planning, to conduct this analysis.

Until now, no tool could calculate the energy market's entire value chain in a unified manner, so the work was divided among the various departments, resulting in delays and missed business opportunities. We expect that the use of PLEXOS, which enables a speedy grasp of the entire value chain, will reduce the number of missed opportunities for transactions.

-Yuki Abe
Senior Manager, Business Strategy Department, Power Generation Company, Tohoku Electric Power Co.

The Power Generation Company of Tohoku believes that the use of optimization support tools is effective in strengthening optimization functions and quickly pursuing the overall optimal solution. PLEXOS is an optimization system that has been widely used and developed in the energy industry for more than 20 years, since the deregulation of electricity in Europe and the U.S.. PLEXOS can perform optimization by adding fuel and market factors in addition to the conventional electricity supply and demand simulation. PLEXOS enables us to quickly analyze scenarios, assess risks, and quantify transactions according to the situation, from the electricity supply and demand planning, power generation planning, fuel trading, and market trading, and to provide powerful support for our company's optimization planning. We look forward to working with them.” Yuki Abe, Specialty Leader, Business Strategy Department, Power Generation Company, Tohoku Electric Power Co.

“With the progress of electricity deregulation in Japan, the time available for making transactional decisions is becoming less and less as electricity and fuels are increasingly marketed. We’re thrilled to partner with Tohoku to utilize PLEXOS to enable a speedy grasp of the entire value chain and reduce the number of missed opportunities for transactions.”

 - Stuart Kelly, Senior Vice President,
Head of APAC at Energy Exemplar

About Tohoku Electric Power Co.: Tohoku is a major electric power utility covering the northern part of Japan's main island of Honshu. It owns 17 GW of power generation facilities including thermal, hydro, nuclear, geothermal, and solar power, as well as a fuel LNG receiving terminal and pipelines, and sells 83 TWh of electricity The company is committed to being a part of the growth and development of Tohoku and Niigata region in Japan.

About Energy Exemplar: Energy Exemplar develops and supports PLEXOS, the market leading integrated energy simulation software. Along with electric power, water & gas datasets, users can digitally replicate real-world energy markets to deliver crucial forecasting. From short-term analysis to long-term planning studies, PLEXOS helps to inform trading, generation scheduling, capacity expansion and market analysis across industry sectors.

From their regional HQs including the US, Europe, North and South America and as well as Asia, Energy Exemplar helps 400+ customers, comprising a large share of the world’s top energy market stakeholders, across over 60 countries analyze scenarios for the most accurate outcomes while supporting their organizational and digital transformation.