NGK INSULATORS, LTD. (hereinafter, “NGK”) announces that it has received an order for NAS batteries for storing electric energy from the Centre for Energy Research of Hungary through Duna Center Therm Uzemi Szolgaltato Kft., a Hungarian engineering company.
The NAS battery ordered will be used in a demonstration project conducted at the Centre for Energy Research in Hungary to evaluate large stationary storage batteries best suited for stabilizing renewable energy. In Hungary, where energy transition to non-fossil fuels is underway toward carbon neutrality, the aim is to achieve both stable energy supply and carbon neutrality through the application of grid scale storage batteries. The decision to use NAS batteries was based on the high evaluation that NAS batteries, which are characterized by their large capacity and ability to discharge electricity over long periods of time, are suitable for peak shift for solar power generation, that they are highly reliable as an energy storage technology with an extensive track record, and that their multiple safety designs and equipment monitoring systems meet the installation standards within national research laboratories, where strict safety management is required.
Hungary, which has legislated the achievement of carbon neutrality by 2050, has established a goal of converting 90% of its generated power to low-carbon sources by 2030, and is rapidly introducing renewable energy. It has also announced a five-fold increase in investment in the energy sector over the seven-year period from 2023 to 2030 compared to the previous seven years.
The project will be executed in cooperation with MVM Group and data obtained from this demonstration will be shared with MVM, the leading Hungarian state-owned energy company, and results of the demonstration will be used as a basis for studying performance characteristics for large stationary storage batteries to be introduced in Hungary in the future. In Hungary, where the terrain is mostly flat, it is difficult to construct pumped storage hydroelectricity stations*1, which require a difference in elevation, so demand for high-capacity storage batteries such as NAS batteries is increasing as an alternative. Starting this demonstration, it is expected that NAS batteries will be adopted for similar projects in the future.
NAS batteries are used in various applications including stabilization of renewable energy, electric power demand and supply balancing, alternative to grid expansion and emergency power sources. They have so far been installed in over 250 locations around the world and have a stable operational track record of more than 20 years. NGK is continuing to further promote marketing and sales activities for NAS batteries and contribute to the expansion of renewable energy introduction and realization of carbon neutrality globally.