Toyota Considering Regional Heat and Power Sharing System for Industrial Parks in Toyota City Toyota City, Japan, July 11, 2013 - (JCN Newswire) - Toyota Motor Corporation (TMC) announces that it will begin consideration of a system for the sharing and effective utilization of waste heat and excess electricity produced by TMC plant and other medium and small-sized plants in Toyota City, Aichi Prefecture. TMC will formulate a master plan and conduct feasibility studies starting this month, with the goal of starting verification testing in the year ending March 31, 2014. Support is being provided by the Japanese Ministry of Economy, Trade and Industry (METI) and is one facet of the Toyota City Low-carbon Society Verification Project (Toyota City Project) that is a part of the Next-Generation Energy and Social System Demonstration project that METI began promoting in April 2010. The verification project will be conducted in cooperation with regional energy companies under close scrutiny from industry, government and academic entities. An overview of the heat and power sharing system TMC is considering follows: - Optimization of heat and electricity use Heat and electric power sharing, and supply and demand optimization within industrial parks using a Factory Energy Management System (FEMS) to manage waste heat recovery(1), heat storage(2) and heat transport(3) - Curbing the electricity usage during peak times Constructing an electric power system, simultaneously using heat storage and thermoelectric conversion systems(4), inside plants and industrial parks to curb the use of electricity during peak times, and also to reduce overall energy consumption and CO2 emissions - Highly economical energy-supply system utilizing existing distribution infrastructure Compact transport, sharing and reuse of heat through use of technologies such as chemical-heat storage(5) with high heat storage density - Establishment of a smart energy system business model that ensures economic performance More efficient energy use through the optimal control of waste-heat sharing; establishing a business model for economical smart energy systems - Realizing a low-carbon society by linking EDMS and FEMS Improving the energy self-reliance ratio for the entire region by linking Energy Data Management Systems (EDMS), which adjust electricity supply and demand balance by interconnecting regional and public transportation information, with individual FEMS TMC has long made efforts to improve energy management at plants through the implementation of energy-conserving production systems. These efforts include the introduction of Toyota Total Demand Management (TTDM), a system for effectively managing supply and demand for private power generation as well as production processes at plants. The Home Energy Management System (HEMS), a proprietarily developed energy management system, EDMS and other systems are being provided for activities to verify the optimization of home energy use in the Toyota City Project. Verification testing is underway as TMC aims to create the next-generation systems needed for a low-carbon society. Also, the F-Grid Ohira, Miyagi Limited Liability Partnership (LLP) was established in February this year as one facet of varied efforts to enrich the lives of communities. TMC thereafter began operating a "smart community" project focused on the F-Grid project in the Second North Sendai Central Industrial Area in Ohira Village, Miyagi Prefecture. TMC will continue to work to optimize regional energy management, and to reduce carbon emissions via the construction of heat and electric-power supply systems in industrial parks, in addition to other initiatives in the housing and transportation fields. (1) Technology to reuse waste heat from production facilities through such methods as the absorption of steam, hot water and other heat sources (2) Technology to store thermal energy (3) Technology to transport the stored heat to the demand side by vehicle (4) Technology to convert thermal energy directly into electricity (5) Technology that utilizes an endothermic-exothermic reaction of chemical substances to repeatedly carry out the release and storage of heat About Toyota Supported by people around the world, Toyota Motor Corporation (TSE: 7203; NYSE: TM), has endeavored since its establishment in 1937 to serve society by creating better products. As of the end of March 2012, Toyota conducts its business worldwide with 50 overseas manufacturing companies in 27 countries and regions. Toyota's vehicles are sold in more than 160 countries and regions. For more information, please visit www.toyota-global.com. Contact: Toyota Motor Corporation Public Affairs Division Global Communications Department Tel: +81-3-3817-9926 Copyright 2013 JCN Newswire. All rights reserved. www.japancorp.net Provider ID: 00027032
Toyota Considering Regional Heat and Power Sharing System for In
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