eREX rebounds as company launches aggregation service
eREX Co., Ltd. <9517> shares rebounded after announcing an aggregation service on Sept. 1 targeting third-party grid-connected storage batteries - specifically extra-high-voltage and high-voltage systems. The news drew buying.
The aggregation business involves centrally controlling and operating distributed energy resources - including renewables, storage batteries, and demand-side resources - to optimize power supply-demand balance and generate market value. As storage batteries gain importance as flexible supply-demand adjustment tools amid expanding renewable adoption, eREX said it will conduct market operations for battery owners to help enhance asset value.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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