|
BASF New Business and G-Philos sign MoU for cooperation in power-to-gas (P2G) business
10.09.2020 16:10 "Agro Perspectiva" (Kyiv) —
BASF New Business GmbH (BNB), a wholly owned subsidiary of the German chemical company BASF SE, and the leading Korean P2G system company G-Philos have signed a memorandum of understanding (MoU) to cooperate in P2G projects globally. Up to 2022, BNB will supply NAS® batteries that can provide a total of 19.2 MWh of energy to G-Philos for P2G projects. BNB will support G-Philos in further P2G projects and in the development of business with Power Conversion Systems (PCS) for NAS® batteries in South Korea as well as in the global market. Through the collaboration, the two companies expect synergy effects in the field of P2G systems for green hydrogen production. 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 ($61 billion) in projects, including renewable energy and hydrogen, as a part of South Korea’s 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.» BNB’s 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.»
19.03.2024 |
|
|
|
|
|
09:43 |
CAP - The Commission proposes simplifications that safeguard agricultural transitions! |
18.03.2024 |
|
|
|
|
|
23:10 |
The European Union and Switzerland launch negotiations to deepen bilateral relations |
|
10:05 |
Commission proposes targeted review of Common Agricultural Policy to support EU farmers |
15.03.2024 |
|
|
|
|
|
23:36 |
Cargill Power CanolaTM Program Helps Farmers Take Advantage of Growing Bioenergy Market Opportunities for Canadian Canola |
|
23:19 |
FAO will provide Ukrainian farmers with soybean and sunflower seeds for spring sowing campaign |
13.03.2024 |
|
|
|
|
|
23:27 |
FAO urges more cooperation in banana sector, significant for some least developed and low-income food-deficit countries and smallholder farmers |
|
16:51 |
The European Commission sets out key steps for managing climate risks to protect people and prosperity |
12.03.2024 |
|
|
|
|
|
20:25 |
Coreper and COMENVI approve the provisional agreement on EU Carbon Removal Certification Framework |
|
20:24 |
INTA MEPs fail EU producers by dismissing potential improvements to Ukraine ATMs |
|
08:10 |
Soybean meal is expected to be a more competitive feed ingredient on higher global supplies. |
11.03.2024 |
|
|
|
|
|
09:11 |
U.S. Corn Exports Shift Destinations as Brazil Captures China Market |
08.03.2024 |
|
|
|
|
|
15:20 |
Conflicts push acute food insecurity higher |
|
13:21 |
FAO Food Price Index declines further in February |
|
13:14 |
Packaging: Council and Parliament strike a deal to make packaging more sustainable and reduce packaging waste in the EU |
|
11:45 |
Commission approves ˆ61.3 million Bulgarian State aid scheme to support farmers, producers of grain and oil crops, in the context of Russia's war against Ukraine |
07.03.2024 |
|
|
|
|
|
20:41 |
First go-ahead to renewing trade support for Ukraine and Moldova |
05.03.2024 |
|
|
|
|
|
15:55 |
Commission proposes to prolong road transport agreements with Ukraine and Moldova and introduces updates to the agreement with Ukraine |
02.03.2024 |
|
|
|
|
|
07:31 |
Heroes of deserts and highlands: Nourishing people and culture |
23.02.2024 |
|
|
|
|
|
10:21 |
BASF’s financial strength supports proposed stable dividend of ˆ3.40 per share for the 2023 business year |
|
10:17 |
The Council has chosen to ignore farmers' concerns regarding Ukraine ATMs; it is now imperative for the European Parliament to take action |
20.02.2024 |
|
|
|
|
|
20:27 |
South Asia is anticipated to import nearly 14 million tons wheat in 2023/24 |
19.02.2024 |
|
|
|
|
|
13:00 |
Cargill and ENOUGH expand partnership to provide consumers with innovative, sustainable protein options |
17.02.2024 |
|
|
|
|
|
17:47 |
Global Environment Facility approves new FAO-led projects and programs benefiting 46 countries |
16.02.2024 |
|
|
|
|
|
09:10 |
The EU is at a crossroads with the Ukrainian agricultural issue - COPA-COGECA, AVES, CEFS, CEPM, CIBE, EUWEP |
13.02.2024 |
|
|
|
|
|
17:31 |
European farmers exempted from rules on land lying fallow |
12.02.2024 |
|
|
|
|
|
16:45 |
India Wheat Stocks Plummet to Lowest in 15 Years |
03.02.2024 |
|
|
|
|
|
17:35 |
Mandarins. Global production for 2023/24 is forecast to rise to 38.0 million tons |
|
09:59 |
Record cereal output in 2023 |
|
07:15 |
FAO Food Price Index down again in January led by lower wheat and maize prices |
29.01.2024 |
|
|
|
|
|
10:32 |
President von der Leyen launches Strategic Dialogue on the Future of EU Agriculture |
26.01.2024 |
|
|
|
|
|
11:31 |
Record Exports Forecast for Egypt Oranges |
23.01.2024 |
|
|
|
|
|
17:55 |
With the Federal Chancellor in the show bakery |
19.01.2024 |
|
|
|
|
|
11:45 |
Organic production in Ukraine |
16.01.2024 |
|
|
|
|
|
23:25 |
Domestic consumption of dairy products may double in 2024 – analysts |
12.01.2024 |
|
|
|
|
|
23:53 |
Competition Tightens for Leading Pork Exporter |
|
22:55 |
Peru Fish Meal Exports at Lowest Level Since 2015/16 El Niño |
|
22:43 |
Grains Trade Disrupted by Challenges in Key Shipping Routes |
10.01.2024 |
|
|
|
|
|
15:38 |
In China, the largest import market for dairy products, surplus raw milk production led to government subsidies to stabilize the domestic processing sector |
09.01.2024 |
|
|
|
|
|
11:55 |
The FAO Sugar Price Index averaged 134.6 points in December, down 26.8 points from November |
06.01.2024 |
|
|
|
|
|
12:43 |
Polish fish and seafood imports continued to grow in 2022 and reached over $3 billion, with a $129 million (4 percent market share) originating from the USA |
05.01.2024 |
|
|
|
|
|
17:21 |
EU imports are dominated by unroasted green coffee beans, which accounts for about 90 percent of trade |
|
17:00 |
FAO Food Price Index declines in December. Benchmark measure of world food commodity prices ends 2023 about 10 percent below its year-earlier level |
29.12.2023 |
|
|
|
|
|
09:53 |
Global and Bank of Georgia sign EUR50 million loan agreement to support small businesses |
28.12.2023 |
|
|
|
|
|
16:47 |
EIB delivers EUR3 million for energy-efficient upgrades in three Ukrainian cities |
27.12.2023 |
|
|
|
|
|
23:11 |
EU agri-food trade surplus increases in September 2023 |
26.12.2023 |
|
|
|
|
|
15:05 |
FAO and EU launch a second grant call to bolster the recovery of Ukrainian farmers |
18.12.2023 |
|
|
|
|
|
09:00 |
EIB Global offers support to Ukraine, Moldova and Georgia on the next step of their EU accession paths |
11.12.2023 |
|
|
|
|
|
13:21 |
FAO Food Price Index holds steady in November |
09.12.2023 |
|
|
|
|
|
22:15 |
Donau Soja: Republic of Moldova increases soya harvest in 2023 and boosts market opportunities in the EU |
24.11.2023 |
|
|
|
|
|
12:25 |
SUGAR MARKET BY SESVANDERHAVE |
Also available:
|
| |
|
|