Tag: energy industry
Minetech Awarded RM36.71 Million Mini-Hydro Project
Elcogen AS: MOU with Korea Shipbuilding and Offshore Engineering and Fraunhofer Institute for Ceramic Technologies and Systems
Are Fears of Bitcoin Miners’ Selling Pressure Overblown? This Expert Thinks So
Russia Expects Sizable Increase in Crypto Miners’ Share of Power Usage
Italy’s Eni and Pasqal explore the intersection of HPC and quantum
Toyota: Construction and Launch of a Large-capacity Sweep Energy Storage System from Reused Electrified Vehicle Batteries Connected to the Electrical Power Grid
In the future, demand for storage batteries is expected to grow as they become necessary supply-stabilizing tools when expanding renewable energy in the movement toward CO2 emissions reduction, a vital part of achieving carbon neutrality. At the same time, limited supplies of battery materials including cobalt and lithium, mean there is an ongoing need for environmentally conscious initiatives, such as reclaiming used electrified vehicle batteries for effective use as storage batteries. In response, JERA and Toyota began discussions in 2018 to establish battery reuse technologies, which eventually led to this large-capacity, grid-connected Sweep Energy Storage System.
Toyota's new storage system is equipped with a function called sweep, which allows the use of reclaimed vehicle batteries, which have significant differences in performance and capacity, to their full capacity regardless of their level of deterioration. The sweep function, developed by Toyota Central R&D Labs, Inc., is a device that can freely control energy discharge by switching electricity flow on and off (bypassing) through series-connected batteries in microseconds.
Furthermore, the sweep function also enables direct AC output from the batteries, while reusing onboard inverters eliminate the need for a power conditioner (PCS). That contributes to reducing costs and helps avoid power loss when converting from AC to DC by PCS, with the aim of improving effective energy use.
The project plans to operate grid storage batteries for recharge and discharge operations, connected to the Chubu Electric Power Grid Co., Inc. power distribution system from a facility (see below(1)) at JERA's Yokkaichi Thermal Power Station. JERA and Toyota aim to introduce approximately 100,000 kWh of supplied electricity in the mid-2020s, thereby not only reducing the overall cost of the energy storage system, but also contributing to reduction of CO2 emissions.
(1) Selected by Japan's Ministry of the Environment to conduct an "FY2022 Project for Early Social Implementation of a Decarbonized Metal Recycling System."
In addition, JERA is developing a low environmental impact process for recycling lithium-ion batteries for electrified vehicles(2), which Toyota plans to support by leveraging the expertise and knowledge it has accumulated through its battery recycling initiatives to date. By collecting used batteries and reusing resources, both companies hope to accelerate their efforts toward achieving a resource-recycling society.
(2) JERA and Sumitomo Chemical Start a Demonstration Project to Develop a Low Environmental Impact Recycling Process for Electric Vehicle Lithium-ion Batteries (JERA Press Release, April 19, 2022)
JERA will continue to work proactively not only within the energy industry but also with leading companies in Japan and overseas to develop technologies such as battery storage systems and services that contribute to optimal energy utilization toward achieving a decarbonized and resource-recycling society.
Toyota actively promotes electrified vehicle adoption and pursues effective battery use, including electrified vehicle battery reuse, for the development of social infrastructure that will support the widespread adoption of electrified vehicles, expand the use of renewable energy, and promote resource recycling toward achieving carbon neutrality.
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comJERA Co., Inc. (JERA) and Toyota Motor Corporation (Toyota) announce the construction and launch of the world's first (as of writing, according to Toyota's investigations) large-capacity Sweep Energy Storage System.
US DoD Unmanned Aerial Vehicles Report 2021-2025: Market Participants, Customers, and Department of Defense (DoD) Agencies that Influence the Industry – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “US DoD Unmanned Aerial Vehicles Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. This research service focuses on the US military unmanned aerial vehicles (UAVs) market. The base year for spending information is 2021, and example market participants and market size estimates for the years 2021 to 2025 are provided. This study […]
The post US DoD Unmanned Aerial Vehicles Report 2021-2025: Market Participants, Customers, and Department of Defense (DoD) Agencies that Influence the Industry – ResearchAndMarkets.com appeared first on Fintech News.
Pertamina Prioritizes Comprehensive Energy Transition to Reduce Emissions
According to the statement, the company has played an important role in leading the green transition in Indonesia's energy industry and targets a 30-percent reduction in emissions by 2030. It will prioritize the development of new and renewable energy to overcome environmental problems and support the realization of Indonesia's energy mix in 2030.
Pertamina supports the Indonesian 2022 G20 Presidency which has chosen energy transition as one of the agendas of the inter-governmental forum. As a member of the G20's Business 20 (B20) Task Force on Energy, Sustainability, and Climate, Pertamina will strive to become a catalyst for green policy in accordance with the principles of energy security, energy equity, and environmental sustainability.
Nicke remarked that Pertamina implemented 8 strategic initiatives to develop environmentally friendly and sustainable energy. The initiatives include establishing green refineries, developing bioenergy, commercializing hydrogen, increasing gasification, initiating battery and integrated energy storage ecosystems, as well as increasing the capacity of installed geothermal power plant.
"We believe that Indonesia's abundant geothermal resources can become a strong backbone in expediting the energy transition program in line with the government's goal of achieving net zero emissions in 2060," Widyawati added.
Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)
Email: [email protected], URL: https://www.pertamina.com
Written by: Sugiharto Purnama, Uyu Liman; Editor: Fardah Assegaf (c) ANTARA 2022
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comState-run oil and gas corporation PT Pertamina (Persero) has set a more comprehensive energy transition as the enterprise's priority program by increasing the energy mix to reduce greenhouse gas emissions.
Malaysian Ministry Proposes BTC To Be Adopted As Legal Tender
Indonesia’s Pertamina Accelerates Energy Transition
"Pertamina is committed to being known not only as a global energy player but also as an environmentally friendly company, socially responsible and upholding good corporate governance," said Nicke Widyawati, CEO of PT Pertamina (Persero) at the Indonesia Pavilion - Dubai Expo, on Friday (18/3).
Pertamina has played an important role in the transition of Indonesia's energy industry by targeting the energy mix and reducing emissions, with a comprehensive reduction of GHG emissions by 30% before 2030. In addition, Pertamina will prioritize the development of New and Renewable Energy (EBT) to address environmental problems, which is in line with Indonesia's Energy Mix by 2030.
Pertamina also supports Indonesia's G20 Presidency, which targets energy transition as one of its main priorities. As part of the Business 20 Task Force on Energy, Sustainability, and Climate, Pertamina shares the priorities of G20 Indonesia as a catalyst for green recovery, along with the principles of energy security, energy equity and environmental sustainability.
Strategies include the development of green refineries and bioenergy, and the commercialization of hydrogen, while Pertamina has also continued to increase the use of new and renewable energy as well as implement carbon capture, utilization, and storage (CCUS) to increase production in several fields, she informed.
Widyawati said that Indonesia's geothermal resources are abundantly spread across the Ring of Fire. Hence, she believes that these resources could be a strong backbone to accelerate the energy transition, which is in line with the government's goal to achieve net-zero emissions.
"We believe that by realizing strategic programs in collaboration with many partners across countries, energy sustainability is not merely just a discussion, but also a concrete action in which the impacts can be experienced by everyone," said Nicke, concluding her remarks.
Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)
Email: [email protected], URL: https://www.pertamina.com
Written by: Katriana, Editor: Rahmad Nasution (c) ANTARA 2022
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comState-owned oil giant Pertamina has outlined its strategic initiatives for developing environmentally friendly and sustainable energy to reduce emissions and help tackle environmental problems.
Pasqal and ARAMCO Collaborate on Quantum Applications for Energy Industry
Riyadh, Saudi Arabia — March 9, 2022 – Pasqal, a developer of neutral atom-based quantum technology, and ARAMCO announced the signing of an MoU to collaborate on quantum computing applications in the energy sector. Objectives include accelerating the development of quantum-based machine learning models as well as advancing other use cases for the technology across […]
The post Pasqal and ARAMCO Collaborate on Quantum Applications for Energy Industry appeared first on insideHPC.