“TIMEX” Ltd. is a leading supplier of carbide tools for turning, milling, and other metalworking processes. The company also offers individual solutions for optimizing customer metalworking processes. Within its primary economic activity – NACE code 46.62 “Wholesale of machine tools and parts thereof”, TIMEX not only sells finished tools but also processes blanks, which it then sells as finished metalworking special tools. The applicant operates a renewable energy installation for self-consumption – photovoltaic panels with an output capacity of 150 kW. Within the framework of the current project, “TIMEX” Ltd. declares expenses in the form of unit costs for the acquisition of assets from group 15 according to Appendix 4.1: local energy storage facilities (batteries) in combination with inverters with a capacity of 160 kW, to be connected to the company’s already installed and operating photovoltaic plant. The batteries will contribute to more fully meeting the company’s electricity needs with clean energy. Through this acquisition, the company will be able to store clean energy to be used exclusively for self-consumption, without resale. The investment will provide energy for the applicant’s primary economic activity under NACE 46.62 “Wholesale of machine tools and parts thereof". With the current project, the company intends to add energy storage capacity to the existing photovoltaic installation, thereby ensuring: - a relatively high level of energy independence through its own source for the generation and storage of clean energy; - a significant reduction in electricity costs; - the ability to balance electricity consumption between its own RES installation and the grid, depending on the current market price. Through this investment, the applicant will cover a substantial share of its electricity needs, and the resulting savings will directly reduce the cost of the offered product range and enhance the company’s competitiveness.
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