TOP PAGE
ENGLISH
JAPANESE
|
CONNECT WITH US:
Home
About
Services
Contact
Log in
Home
Press release
Jan 12, 2021 12:21 JST
Source:
Hitachi, Ltd.
Thailand's First Demonstration Project of Optimized Performance Enabling Network for Volt/Var(Q) (OPENVQ) in Power Transmission Networks
- Aiming to reduce greenhouse gas emissions through more advanced
and efficient power system operations -
THAILAND, Jan 12, 2021 - (JCN Newswire) - Electricity demand in Thailand is growing as its economy develops, and the country is now faced with a challenge to reduce the loss of power in the transmission network (hereinafter called "power losses"). In addition, with the amount of fossil fuels, such as natural gas, also rising because electricity is generated mainly by thermal power plants in Thailand, the country needs to introduce renewable energy to create a power source mix that could mitigate environmental impacts.
Under these circumstances, there is a plan for terminating the operation of some thermal power plants partly due to facility deterioration in northeastern Thailand, the area in which the demonstration project will be carried out, after 2025. Then, the purchase of electricity from neighboring countries and construction of new power generation facilities, such as hydroelectric power plants and/or photovoltaics (PV), are being considered as alternatives. To realize electricity supply through such multiple generations, transmission facilities should be expanded and reinforced for increasing an available transfer capability. However, not much progress has been made in that plan because significant investments are required. Moreover, EGAT has been faced with a challenge of dealing with the difficulty of supplying electricity stably while reducing power losses because no technology for voltage optimization has been installed in the current transmission network with various power sources connected.
Against this background, NEDO and MOEN agreed to implement a demonstration project for the purpose of low carbonization and enhancements in power system operation, exchanging Letters of Intent for cooperation. In parallel, Hitachi, the consignee of the demonstration project(3) and Electricity Generating Authority of Thailand (EGAT), a state-owned electric power company that undertakes power generation and transmission in Thailand, concluded a Project Agreement.
Following the conclusion of these agreements, NEDO in collaboration with these partner companies started the demonstration project of the OPENVQ, an online-based optimal voltage/reactive power control system, in the power transmission system owned by EGAT in northeastern Thailand in December.
This demonstration project will install OPENVQ on EGAT's transmission network to reduce power losses through more advanced and more efficient operation of electric power systems, seeking to reduce greenhouse gas emissions. In parallel, it will seek the quantification of greenhouse gas emission reduction through the Joint Crediting Mechanism(4) (JCM).
(1) OPEX
Stands for operating expenses and refers to expenditures related to the operation of power transmission systems in this demonstration project.
(2) CAPEX
Stands for capital expenditures and refers to spending for physical assets such as transmission system facilities and control equipment in this demonstration project.
(3) Demonstration project
Project name: Program to Facilitate Private Sector-Led Promotion of Low-Carbon Technology Overseas / Program to Promote Market Creation Using Low-Carbon Technology / Low-Carbonized Operation of a Power Grid Utilizing Online Voltage-var (Q) Optimal Control "OPENVQ" with ICT (Thailand)
Project period: FY2020 - FY2022
(4) Joint Crediting Mechanism (JCM)
A scheme for reducing greenhouse gas emissions in cooperation with JCM partner developing countries, in which the result of reduction is allocated as contribution by both partner countries and Japan.
For full press release, visit
http://www.hitachi.com/New/cnews/month/2021/01/210112.html
.
Source: Hitachi, Ltd.
Sectors: Telecoms, 5G, Energy, Alternatives
Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Related Press Release
Hitachi Vantara Announces Collaboration with NVIDIA to Create New Portfolio of Industrial AI Solutions
March 19 2024 11:35 JST
Hitachi High-Tech Launches High-sensitivity and High-throughput Wafer Surface Inspection System LS9300AD for Wafer Manufacturers
March 15 2024 10:21 JST
Hitachi Forges a Three Year Strategic Alliance with AWS to Advance Hybrid Cloud Solutions
March 11 2024 15:44 JST
Hitachi Energy and TransnetBW make German grid fit for future
February 15 2024 10:22 JST
Contributing to Efficient Development of Metal Thin Film Materials by Using Chemicals Informatics and Materials Informatics
February 09 2024 12:41 JST
Sysmex and Hitachi High-Tech Agree to Collaborate on Development of New Genetic Testing Systems
February 08 2024 14:04 JST
Hitachi Recognized as 'A List' on Climate Change for the Third Consecutive Year
February 08 2024 12:00 JST
Hitachi High-Tech Achieves CDP's Highest Score of "A List" in Water Security for the First Time
February 08 2024 09:05 JST
Hitachi Digital Services and OneThird Fight Supermarket Food Waste With First-of-its-Kind Digital Solution
January 24 2024 18:36 JST
Hitachi High-Tech Launches the GT2000 High-Precision Electron Beam Metrology System
December 12 2023 16:23 JST
More Press release >>
Latest Press Release
Hitachi Vantara Announces Collaboration with NVIDIA to Create New Portfolio of Industrial AI Solutions
Mar 19, 2024 12:35 JST
Fujitsu Limited announces recruitment plans
Mar 19, 2024 10:34 JST
Nissan and Mitsubishi Corporation agree to explore new business in next-generation-mobility and energy-related services utilizing EVs
Mar 18, 2024 17:29 JST
Fujitsu and AWS will launch a new Modernization Acceleration Joint Initiative to enable customers across industries to drive digital transformation with fast and secure legacy modernization
Mar 18, 2024 16:12 JST
Nissan and Honda to start feasibility study of strategic partnership
Mar 18, 2024 12:14 JST
Mitsubishi Power Achieves #1 Global Gas Turbine Market Share in 2023
Mar 15, 2024 18:34 JST
Mitsubishi Corp to invest in TIER IV: Transforming regional mobility with autonomous driving
Mar 15, 2024 12:36 JST
Hitachi High-Tech Launches High-sensitivity and High-throughput Wafer Surface Inspection System LS9300AD for Wafer Manufacturers
Mar 15, 2024 11:21 JST
Japanese joint research group win Prime Minister's Award with ultra high-performance computing platform using jointly developed 64-qubit quantum computer
Mar 15, 2024 10:19 JST
MHI Establishes GX Solutions Business Domain to Promote Energy Transition Business Growth Strategy
Mar 14, 2024 13:30 JST
Fujitsu and Tokai National Higher Education and Research System collaborate on AI-based space weather research
Mar 14, 2024 10:21 JST
Mitsubishi Corporation, Mitsubishi Fuso Truck and Bus, and Mitsubishi Motors will jointly establish a new company to run an online platform providing comprehensive EV related services
Mar 13, 2024 18:06 JST
MHI Selected as Licensor of CO2 Capture Technology for Leading Low Carbon Hydrogen Production Project in Cheshire, UK
Mar 13, 2024 11:30 JST
GMO Research Activity Support & Technology launches brain MRI analysis tool developed on world class supercomputer Fugaku with Fujitsu Computing as a Service (CaaS)
Mar 12, 2024 10:20 JST
TANAKA Establishes Bonding Technology for High-Density Semiconductor Mounting Using AuRoFUSE(TM) Preforms
Mar 12, 2024 03:00 JST
Hitachi Forges a Three Year Strategic Alliance with AWS to Advance Hybrid Cloud Solutions
Mar 11, 2024 16:44 JST
MHI Thermal Systems to Launch 31 Models of Residential-use Air-Conditioners for the Japanese Market in 2024
Mar 11, 2024 16:35 JST
The Future of Accessibility: Toyota Mobility Foundation and MaRS Discovery District Launch the Mobility Unlimited Hub in Toronto
Mar 08, 2024 10:35 JST
Lucas GC Limited (NASDAQ: LGCL) Harnesses AI and GPT Technologies to Drive Human Resources Services and ESG Compliance
Mar 07, 2024 12:48 JST
NEC named to list of Top 100 Global Innovators by Clarivate for 13th consecutive year
Mar 07, 2024 11:24 JST
More Latest Release >>