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Toshiba, ENEA cooperating in smart grid technologies for Europe

Toshiba Corporation and the Italian National Agency for New Technologies, Energy and Sustainable Economic Development or ENEA have signed an agreement aimed at improving management of gird integrating renewable power sources.

The agreement covers a wide range of matters including energy efficiency, renewable energy sources, smart grids, electric storage for the grid and electric mobility.

Currently, Europe accounts for approximately 70 percent of the electricity produced by photovoltaic generation in the world and continues to lead other regions in the introduction of renewable energy sources. Because of this, it’s important for the region’s power grid to be able to properly manage amount of renewable energy that is now entering its energy mix.

The growth of Italy’s renewable energy sector in particular is stimulating demand for grid management systems to manage power fluctuations in areas that use renewable energy.

Through an Italian Toshiba Group company called Toshiba Transmission and Distribution Europe S.p.A., Toshiba Corporation will draw on its expertise in smart grid technologies and combine it with local information collected by ENEA to propose optimal storage solutions for the Italian and European market.

“We have all the capabilities required for a successful collaboration with ENEA. We will customize our state-of-the-art technologies for the European market through collaboration with ENEA and boost our grid solution business in Europe,” said Takeshi Yokota, corporate vice president of Toshiba.

Toshiba has participated in many proof-of-concept demonstrations of smart grid technologies around the world, including Rome, the Italian capital, Lyon in France and Los Alamos in Arizona in the U.S. – EcoSeed Staff

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