japan looks to launch driverless car system in tokyo by 2020 - ess energy storage system

TOKYO (Reuters)-A self-
According to a strategic review announced by the government on Monday, driving car services may appear on the public roads in Tokyo in time ahead of 2020 Olympic Games, as Japan hopes to boost economic growth by investing in new technologies.
The strategy was presented at a meeting chaired by Prime Minister Shinzo Abe and also included plans to allow the development of virtual power plants by the fiscal year ending March 2022.
These proposals are part of a package of fiscal and economic policies that the government plans to prepare by the end of this month.
The comment said the government plans to start testing driverless car systems on public roads sometime in the current fiscal year with the goal of launching an autonomous car
Provide car services for 2020 Tokyo Olympic Games.
The government will then try to commercialize the system by 2022.
Economists believe that the development potential of autonomous vehicles and artificial intelligence technology is huge and can help enterprises cope with the aging and declining labor force.
However, Japanese companies have been trying to keep up with the pace of China, Europe and the United States. S.
The counterpart of implementing such innovation in work practice.
Japan's economy contracted in the first quarter, ending eight consecutive quarters of growth, the longest sustained expansion since the 1980 bubble economy.
Since taking office at the end of 2012, Abe has introduced several progressive reforms, by attracting more women into the labor market, narrowing the wage gap between formal employees and contract employees, and increasing inbound tourism, slowly open the door for foreign workers.
This year's growth strategy focuses more on promoting technology and changing some regulations to make it easier for companies to do business.
The government also plans to change the rules of universities to make it easier for students to get more
Degree required for artificial intelligence work.
In addition, the review marks a plan to allow virtual power plants in fiscal 2021.
Virtual Power Plants connect several small energy sources
Power generation and energy
Storage systems that enable them to work collectively like large traditional power plants can help power grid operators save money.
While the benefits of these systems are well known, companies are reluctant to invest in deploying these networks unless regulations allow companies to easily allocate energy to the entire grid.