Endeavour Energy and Tokyo Electric Power Company (TEPCO) Power Grid have agreed to collaborate on initiatives that accelerate the energy transition and tackle climate change to deliver greater value to customers.
Under this strategic alliance, Endeavour Energy will leverage its operational know-how in distribution networks within the Australian market and its experience with the integration of distributed and customer energy resources to provide TEPCO Power Grid with a flexible energy supply model tailored to customer needs.
Related article: Endeavour Energy first to tick global cybersecurity standard
TEPCO Power Grid will leverage its advanced network management technologies and knowledge of resilience design, cultivated in Japan, to offer Endeavour Energy advanced network infrastructure capable of adapting to climate change.
Endeavour Energy CEO Guy Chalkley said, “As the electricity company transforming some of Australia’s fastest-growing regions, we’re excited about the opportunities of collaborating with the largest electric utility in Japan, and one of the largest in the world.
“There is much we can learn from each other to enhance the services we provide and deliver greater value to our customers. While our networks and customer bases are distinct, this is an invaluable opportunity to exchange diverse perspectives, experiences, and technical expertise on many of the shared challenges we face.
Related article: Endeavour Energy scores fourth 5-star sustainability rating
“By combining Endeavour Energy’s strengths in electricity distribution and renewable energy integration with TEPCO’s deep knowledge of network resilience and asset management, we can drive innovative new initiatives to enhance the efficiency and sustainability of our networks. TEPCO’s commitment to sustainability and customer-focused solutions aligns perfectly with our long-term strategy, and we’re excited to achieve meaningful results together.”
TEPCO Power Grid Inc. Member of the Board and managing executive officer Kazuhiko Shiba said, “We are extremely honoured to have signed this Memorandum of Understanding and look forward to being able to contribute to the creation of a sustainable energy society through this cooperative agreement with Endeavour Energy, which plays a vital role in rapidly growing regions in Australia.”
