Mitsubishi Electric Receives Order for ±700MVA STATCOM Aimed at Stabilizing Power Grid in Northeast Japan

Rhea-AI Summary

Mitsubishi Electric Corporation has received an order for the world's largest static synchronous compensator (STATCOM), rated at ±700MVA, from Tohoku Electric Power Network. Set to be operational by the end of 2031, this system will enhance the stability of northeastern Japan's power grid, which is increasingly integrating renewable energy sources. The STATCOM will be installed at the Iwate substation, assisting in voltage control and maintaining power during system failures. The order underscores Mitsubishi Electric's strong track record in global power solutions and its commitment to carbon neutrality.

Positive

• Awarded the world's largest ±700MVA STATCOM order.
• Enhances power grid stability in northeastern Japan.
• Focus on supporting carbon neutrality through renewable integration.

Negative

• None.

Will strengthen control of diversified power grid for expanded use of renewable energy sources

TOKYO--(BUSINESS WIRE)-- Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has received an order for a static synchronous compensator (STATCOM) rated at ±700MVA, the world's largest capacity class, from Tohoku Electric Power Network Co., Inc., which is headquartered in Sendai, Miyagi Prefecture. The STATCOM is expected to be operational by the end of 2031.

The ongoing introduction of renewable energy generation in northeastern Japan's power grid will contribute to carbon neutrality, but will also make it more difficult to maintain a stable power supply. The new system will be installed at the Iwate substation in Morioka, Iwate Prefecture to help stabilize synchronization whenever a power system failure occurs due to bulk power transmission.

STATCOMs are devices that control and stabilize power voltage in a power system by instantly providing reactive power. Mitsubishi Electrics' STATCOM supports power-oscillation damping and harmonic voltage suppression based on technologies that have been optimized through extensive testing. The company's advanced technologies and well-proven track record of global supply in this field led to its STATCOM being selected for use at the Iwate substation, which plays a significant role in northeastern Japan's power grid.

For the full text, please visit: www.MitsubishiElectric.com/news/

View source version on businesswire.com: https://www.businesswire.com/news/home/20230327005299/en/

Customer Inquiries

Transmission & Distribution Systems Marketing Div

Energy & Industrial Systems Group

Mitsubishi Electric Corporation

tdm.tds@rf.MitsubishiElectric.co.jp

www.MitsubishiElectric.com/

Media Inquiries

Takeyoshi Komatsu

Public Relations Division

Mitsubishi Electric Corporation

Tel: +81-3-3218-2346

prd.gnews@nk.MitsubishiElectric.co.jp

www.MitsubishiElectric.com/news/

Source: Mitsubishi Electric Corporation

FAQ

What is the order received by Mitsubishi Electric Corporation related to MIELY?

Mitsubishi Electric Corporation received an order for a ±700MVA static synchronous compensator (STATCOM) from Tohoku Electric Power Network.

When will the STATCOM be operational for Mitsubishi Electric Corporation?

The STATCOM is expected to be operational by the end of 2031.

How does the new STATCOM support Japan's power grid?

The STATCOM will help stabilize synchronization in the power grid, especially during system failures, while facilitating the integration of renewable energy.

What impact does the STATCOM have on carbon neutrality in Japan?

The installation of the STATCOM is aimed at enhancing the stability of the power grid which supports the ongoing shift towards renewable energy generation contributing to carbon neutrality.

Which location will the STATCOM be installed at?

The STATCOM will be installed at the Iwate substation in Morioka, Iwate Prefecture.