Tokyo Metro and the JERA Group Conclude a Solar Virtual Power Purchase Agreement (PPA) Aimed at Achieving Zero Emissions

okyo Metro Co., Ltd. And JERA Cross Inc. aimed at achieving zero emissions, we have today concluded a solar virtual power purchase agreement (PPA). This initiative is the first such collaborative measure for Tokyo Metro and the JERA Group.

One form of corporate PPA, a virtual PPA is a way for an electricity consumer to virtually procure the environmental value of renewable energy generated at dedicated power station located off-site from their premises. As a result of concluding the solar virtual PPA between Tokyo Metro and JERA Cross, non-fossil certificates with additionality representing 2.4 million kWh generated by JERA’s solar power facilities (1,200 kW) will be supplied annually to Tokyo Metro through JERA Cross for a period of 25 years beginning in December 2024. This is expected to zero out the CO2 emissions from Tokyo Metro’s headquarters building, an annual reduction of approximately 936 t-CO.
* Estimated reductions are estimates at the present time.

URL:Tokyo Metro and the JERA Group Conclude a Solar Virtual Power Purchase Agreement (PPA) Aimed at Achieving Zero Emissions | Press Release(2024) | JERA