Vancouver, BC, December 1, 2020—The Copperleaf™ Decision Analytics solution is now live at Chubu Electric Power Grid Company, Incorporated’s Distribution Line of Business. Chubu Electric Power Grid is one of the largest electric transmission and distribution companies in Japan. The Copperleaf solution was selected to help the company drive consistency and transparency in its distribution network, asset investment planning and management processes, and support its commitment to providing customers with safe and reliable energy.
“We have introduced Copperleaf's C55 to develop the optimal investment plan for the renewal of our vast distribution assets. We are confident that the utilization of asset data with C55 will enable us to build a strong management cycle. Going forward, together with C55, we will strive to achieve company management with a good balance of cost, risk and performance,” said Masahiro Sato, General Manager of IT & Control System Dept., Chubu Electric Power Grid Company, Incorporated.
Copperleaf partnered with Mitsubishi Electric Corporation (MELCO) on the implementation. According to Masaaki Arimoto, General Manager of MELCO’s Energy Systems Center, Power System Design Department, “Since the 2000s, we have been in charge of developing and improving the information systems that manage the vast amount of distribution assets owned by Chubu Electric Power Grid. This time, together with Copperleaf's C55, we have delivered the first "Long-Term Planning System" in Japan. We will continue to contribute to the planning and execution of highly transparent and optimal investment plans.”
“We’re very proud to be associated with Chubu Electric Power Grid and with this successful implementation, we look forward to working alongside our partner, MELCO, in the coming years to deliver the value that we know the Copperleaf solution can help to unlock,” added Paul Sakrzewski, Copperleaf Managing Director for Asia Pacific and Japan.
“We are delighted that our implementation with Chubu Electric Power Grid, Copperleaf’s first client in Japan, has been such a success,” said Judi Hess, Copperleaf CEO. “Chubu Electric Power Grid is recognized as a thought leader in the energy industry and our partnership is key to Copperleaf’s growth in Asia Pacific and Japan.”
About Chubu Electric Power Grid Company, Incorporated
Chubu Electric Power Grid Company, Incorporated , based in Nagoya, serves the Chubu region (approximately 39,000 km2, 16 million people), and is one of the largest electric transmission and distribution companies in Japan, with network assets consisting of transmission and distribution lines totaling over 12,000 km and 133,000 km, respectively. The company’s primary business areas also include overseas consulting, and real estate rental services. For more information, please visit https://www.chuden.co.jp/english/powerglid/
About Mitsubishi Electric Corporation
With nearly 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Mitsubishi Electric enriches society with technology in the spirit of its corporate statement, “Changes for the Better,” and environmental statement, “Eco Changes.” The company recorded a revenue of 4,462.5 billion yen (U.S.$ 40.9 billion*) in the fiscal year ended March 31, 2020. For more information, please visit https://www.mitsubishielectric.com/en/index.html
*U.S. dollar amounts are translated from yen at the rate of ¥109=U.S.$1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2020
Copperleaf provides enterprise decision analytics software solutions to companies managing critical infrastructure. We leverage operational and financial data to empower our clients to make investment decisions that deliver the highest business value. What sets us apart is our commitment to providing extraordinary experiences, shaped by people who care deeply, products that deliver exceptional value, and partnerships that stand the test of time. Copperleaf is a patron of The Institute of Asset Management and actively participates in shaping the future of asset management standards, including ISO 55000. Headquartered in Vancouver, Canada, our solutions are distributed and supported by regional staff and partners worldwide. Together, we are transforming how the world sees value.
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