London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

BASF signs MoU to supply batteries in power-to-gas projects with S G-Philos

September 14/2020

MOSCOW (MRC) -- BASF and South Koreas systems firm G-Philos have signed a memorandum of understanding (MoU) to jointly launch power-to-gas (P2G) projects, said the company.

Green hydrogen production from renewable energies, such as solar, wind and hydro, without CO2 emissions has been drawing ever-more global attention in recent years. In South Korea, the Green New Deal comprises plans to invest KRW 73.4 trillion (USD61 billion) in projects, including renewable energy and hydrogen, as a part of South Koreas policy to transform into a low-carbon society. P2G technologies will be one of the key elements of this plan. South Korea is expanding its renewable energy supply and clean hydrogen production in a similar manner to the E.U., which recently announced its own Hydrogen Strategy. With the recently signed MoU, BNB and G-Philos are now joining forces to support the expansion of green hydrogen production from renewable energy.

BNB distributes NAS batteries produced by NGK Insulators Ltd. NAS batteries are high-energy, long-duration sodium-sulfur batteries designed for stationary energy storage. With their capability to discharge for 48 hours, NAS batteries are ideally suited for applications such as renewable power stabilization and integration into the grid. In order to use the electrical energy stored in the battery, a power conversion system (PCS) is needed.

G-Philos has developed a suitable PCS for a 200 kW NAS battery system. The battery and the PCS have already been commissioned in a P2G project implemented by G-Philos in collaboration with Korea Midland Power (KOMIPO) at Sangmyung Wind Farm (21 MW), Jeju Island, South Korea. In this case, the NAS battery serves as an energy buffer between wind turbines and electrolyzers to ensure stable hydrogen production from surplus wind power despite the fluctuating nature of wind. G-Philos can now supply PCS products for the NAS battery systems ranging from 200 kW up to 800 kW.

Gawoo Park, CEO of G-Philos, said: "In order to stably produce green hydrogen while accommodating the variability of renewable energy, the NAS battery is expected to play an important role in securing system operation safety and reliable long-term operation as an energy buffer. G-Philos will keep focusing on commercializing green hydrogen production through various P2G projects."

BNBs Director of E-Power Management, Frank Prechtl, said: Green hydrogen production is an upcoming market and a promising application for NAS batteries. With G-Philos, we now have a strong and competent partner to develop this opportunity into a sizeable business."

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's DataScope report, PE imports to Russia dropped in January-June 2020 by 7% year on year to 328,000 tonnes. High density polyethylene (HDPE) accounted for the main decrease in imports. At the same time, PP imports into Russia rose in the first six months of 2020 by 21% year on year to 105,300 tonnes. Propylene homopolymer (homopolymer PP) accounted for the main increase in imports.


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, crude oil, PP, PE, ethylene, propylene, BASF.
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe