Electricity

Slovenia and Japan’s NEDO sign smart grid agreement

Photo: NEDO

Published

November 29, 2016

Country

Comments

comments icon

0

Share

Published:

November 29, 2016

Country:

Comments:

comments icon

0

Share

Slovenia and Japan signed a memorandum of cooperation to coordinate research and demonstration actions for smart grid projects and smart community, and to facilitate cooperation with the state-owned transmission operator.

Slovenian Ministry of Economic Development and Technology’s Aleš Cantarutti and the New Energy and Industrial Technology Development Organization (NEDO) chairman Mr. Kazuo Furukawa, signed the memorandum of cooperation in the capital Ljubljana on November 25. NEDO also signed minutes of meeting with the Slovenian Ministry of Infrastructure with an aim to promote the demonstration action by establishing a cooperative partnership. Additionally, NEDO and Elektro-Slovenija d.o.o. (ELES), the state-owned electric transmission system operator in Slovenia, put their signatures on a memorandum of understanding, to facilitate a previously agreed cooperation with the Japanese corporation Hitachi.

The two electric distribution companies will introduce a cloud-based integrated distribution management system (DMS) and distribution units controlled by the DMS. The system is set to demonstrate a function of voltage control, using an advanced power distribution management technology. The application of the information communications technology will help improve restoration function in the case of power outages. The action aims to create a business model for small- to medium-sized electric distribution companies, according to the NEDO press release.

Among attendees of the event were Japanese ambassador to Slovenia Keiji Fukuda, and Slovenian prime minister Miro Cerar, who said this was a proof of will to both develop energy networks and preserve a green Slovenia at the same time.

“The project would also serve as a springboard for joint ventures of the Slovenian and Japanese companies on the global markets. It is worth around EUR 50 million, and it will be partly financed through a tender, called by the Ministry of Economy today,” said Peter Gašperšič, the minister of economic development and technology, as quoted in the official report.

In its review of the market, NEDO said that Slovenian manufacturing industry was “thriving” and that the demand for power is increasing in the country, and reminded that country has been a member of the European Union (EU) since 2004. According to NEDO, a “more advanced management technology for smart grid distribution systems is required”, but at the same time the “facilities owned by distribution companies are deteriorating and investment costs for upgrades are expected to increase.”

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Petrol obtains financing EV charging network Slovenia Croatia

Petrol obtains financing for EV charging network in Slovenia, Croatia

15 July 2024 - Slovenia-based Petrol is about to install electric vehicle charging points in 35 locations in its home market and in Croatia.

Green for Growth Fund financial impact targets 2023

Green for Growth Fund tops its financial, impact targets in 2023

15 July 2024 - The Green for Growth Fund kept mitigating climate change and promoting sustainable economic growth last year in its 18 markets

Energy permit not needed for power plants under 1 MW in BiH

15 July 2024 - The Ministry of Energy, Mining and Industry has adopted the rulebook on issuing energy permits and it entered into force on July 6

koncar croatia siemens energy

Končar, Siemens Energy launch new joint venture

15 July 2024 - Croatia’s firm Končar and Siemens Energy have signed a joint venture agreement on the establishment of the Končar - Transformer Tanks