PR90520

GENOA, Italy, July 7, 2021 /PRNewswire=KYODO JBN/ --

Chubu University and ASG Superconductors announce their joint signing a

Memorandum of Understanding to expedite the development and promotion of

superconducting cable technology for DC power transmission over long distances.

Towards a greener and more sustainable world, DC superconducting power

transmission is expected to play a significant role in power grids, smart

cities and green ports and all power-hungry areas and activities positively

affected by an electrification, particularly when renewable energies will

represent the vast majority of the power production.

The energy transmission over long distances generally encounters environmental

problems, both due to the large footprint of the lines, and to the heating of

the soil due to energy dissipations. The superconducting technology allows to

contain environmental impact (-10X material quantity and footprint) and

presents no losses and reduces significantly the installation and operating

costs.

Chubu University, supported by Japanese government and industries, has promoted

development of superconducting DC transmission technologies for more than 15

years for implementation into society, included the construction and operation

of the world's longest class 1,000-m DC transmission line and 500-m line that

demonstrate power transmission from a solar power plant to an internet data

centre.

ASG, with 60 years of experience in the development of superconducting magnets

and systems and devices for High Energy Physics, fusion energy and medical

applications - MRI, is actively pursuing new applications of superconductivity

with High Temperature Superconducting materials and MgB2 to achieve cost

effective solution for industrial and power quality systems.

Chubu University's Prof Motojima declares: "I strongly believe that by

combining experiences, knowledge and on-going efforts at Chubu University with

those at ASG, we can create, within a few years' time, an innovation in a power

grid system for a low carbon emission society. I expect that this collaboration

of expertise and resources will produce a synergy that will result in the

speedy and efficient development in achieving our goals that will benefit

society on a global basis."

"This agreement is another important step to improve our positioning in

developing innovative superconducting cable technology," said Sergio Frattini,

ASG Superconductors CEO. "The fruitful collaboration with a prestigious and

expert partner like Chubu University will put ASG in the best condition in

order to explore and develop high temperature superconducting materials, wires

and systems for green energy storage, transport and high energy consumption

industrial processes."

Video - https://mma.prnewswire.com/media/1558969/ASG_and_Chubu_video.mp4

Photo -

https://mma.prnewswire.com/media/1558956/ASG_Superconductor_Cable_Technology.jpg

Logo - https://mma.prnewswire.com/media/1558955/ASG_Logo.jpg

Logo - https://mma.prnewswire.com/media/1558954/Chubu_University_Logo.jpg

Source: ASG Superconductors S.p.A