May 14, 2013
NGK INSULATORS, LTD.
NGK INSULATORS, LTD.(President: Taro Kato, Head office: Nagoya)and Terna S.p.A, Italy's largest transmission system operator (TSO) came to a framework agreement for supply of NAS (Sodium – Sulfur) battery system.
This represents the first large scale NAS battery energy storage system installation in European grid system.
According to the framework agreement, maximum quantity equal to 70,000kW (490,000kWh for 7 hours discharge) of the NAS battery system will be supplied for installation in the Italian transmission grid. The first phase order under this agreement is expected with the volume of 35,000kW (245,000kWh)-and with contract price of the system of about 100million euros.
In order to achieve CO2 emissions reduction targets, European nations have agreed to increase the percentage of renewable generation to 20% by 2020. Italy recorded a 72% increase in solar generation and a 34% increase in wind generation during 2012.
TERNA plans to utilize the superior response characteristics and large energy storage capacity of the NAS battery system by installing at substation to balance the demand and supply of electricity instantaneously and stabilize the transmission grid for optimum performance under the massive increase of intermittent renewable energy.
|Head office||Rome, Italy|
|Date Established||1999 (became independent from ENEL, Italian electric utility, within the process for the deregulation of the Italian electricity sector)|
|Key Business Activities||Management and development of national electricity transmission line in Italy|
|Number of employees||nearly 3,500|
|Representative||Flavio Cattaneo, CEO|
|Head office||Nagoya, Japan|
|Key Business Activities||Manufacture and sale of electric power related equipment including insulators NAS (Sodium and Sulfur) battery, and of industrial ceramic and beryllium copper products; and plant engineering|
|Number of employees||3,426 (as of March, 2013)|
|Representative||Taro Kato, President|