February 2, 2023: NGK Insulators will present battery applied sciences for a digital energy plant challenge as a part of a three way partnership with Ricoh, the businesses introduced on February 2.
The businesses stated that they’ve began the operation of their new firm NR-Energy Lab, which goals to launch a industrial VPP service to broaden the combination of renewable electrical energy technology into the grid.
NGK’s management applied sciences for storage, similar to its proprietary large-capacity NAS sodium sulfur and zinc batteries, shall be utilized in mixture with Ricoh’s digital renewable power distribution methods.
VPP also can provide balancing capability within the power balancing market, the place energy is bought to remove the supply-demand hole for electrical energy, the companions stated.
NGK has a majority 51% stake within the three way partnership, which relies in Japan.
Three way partnership president Yuichi Nakanishi stated the brand new firm will embody VPP providers together with providing digital energy providers to assist utilities and others broaden the deployment of renewable power applied sciences. .
NGK stated final September it acquired an order from Toho Fuel for its sodium sulfur battery to offer grid electrical energy storage providers (see image).
