TOKYO, Apr 19, 2017 - (JCN Newswire) - NEC Corporation (TSE: 6701) and NEC Energy Solutions, an NEC subsidiary, announced today that they have reached an agreement with Germany-based EnspireME, a fifty-fifty joint venture established between Mitsubishi Corporation and Eneco, a Netherlands-based integrated energy company, to build a large-scale battery energy storage system in Jardelund, Germany. The system is scheduled to begin operating in December 2017, with a power capacity of 48 MW and a storage capacity of over 50 MWh, which will be the largest stationary type system in Europe.
EnspireMe will utilize this battery energy storage system to supply sustainable reserve capacity to balance the European electricity grid. Mitsubishi Corporation and Eneco will also start a pilot project involving the storage of locally produced surplus wind energy.
The European Union (EU), as a leader in alternative energy initiatives, has set a goal of meeting 20 percent of energy consumption within its member states through renewable energy by 2020. In Germany, where renewable energy has been actively introduced to provide a large, stable volume of energy to electric power systems, a market has already been established for ancillary services that maintain electric power quality, including frequency and voltage, in electric power systems.
"The market for battery energy storage systems is expected to grow significantly with the expansion of the renewable energy market. Leveraging this large-scale project in Germany, the leading market for the introduction of renewable energy, and NEC's comprehensive battery energy storage know-how, we aim to globally expand the business of battery energy storage systems," said Michihiro Ezawa, General Manager, ESS Division, NEC Corporation.
About NEC Corporation
NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company's experience and global resources, NEC's advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at http://www.nec.com.
Based on its Mid-term Management Plan 2015, the NEC Group globally provides "Solutions for Society" that promote the safety, security, efficiency and equality of society. Under the company's corporate message of "Orchestrating a brighter world," NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow. For more information, please visit http://www.nec.com/en/global/about/solutionsforsociety/message.html.
Apr 19, 2017 16:45 HKT/SGT
Source: NEC Corporation
NEC Corporation (TSE: 6701)
Topic: Press release summary
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