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IDEAL

InDustrializing Elcogen’s Affordable and durabLe SOFC stack

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 IDEAL project word cloud

Explore the words cloud of the IDEAL project. It provides you a very rough idea of what is the project "IDEAL" about.

benefits    turnover    stimulating    horizon    commercial    energy       45    customer    compete    durability    seize    100    cell    technological    ideal    combination    innovative    market    components    supplier    fits    technologies    strategy    core    suppliers    viability    lower    successful    tax    improvements    2017    commercialization    competing    annual    tests    chp    decrease    deliverable    tradeshow    efficient    advantage    business    environmentally    clean    cover    supply    oy    forecasted    materials    societal    share    model    none    smes    enhanced    participation    mass    oxide    stacks    stack    temperature    vendors    micro    industry    specialized    meur    optimized    plan    carbon    sofc    equals    helps    manufacturing    elcogen    verify    efficiency    evaluation    solid    truly    operation    innovation    interviews    first    fuel    manufacturers    secure    entry    visits    global    2020    longer    enhancements    subsidies    beginning    feasibility    raw    negotiations    initiating   

Project "IDEAL" data sheet

The following table provides information about the project.

Coordinator
ELCOGEN OY 

Organization address
address: NIITTYVILLANKUJA 4
city: VANTAA
postcode: 1510
website: www.elcogen.com

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Finland [FI]
 Project website http://www.elcogen.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.3. (SOCIETAL CHALLENGES - Secure, clean and efficient energy)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2014
 Funding Scheme SME-1
 Starting year 2015
 Duration (year-month-day) from 2015-02-01   to  2015-07-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ELCOGEN OY FI (VANTAA) coordinator 50˙000.00

Map

 Project objective

'Elcogen Oy is developing a new Solid Oxide Fuel Cell (SOFC) stack for SOFC systems. Elcogen SOFC stack will provide a combination of better efficiency, longer durability, and lower cost, which none of the competing SOFC stack vendors can offer. These improvements will enable SOFC system manufacturers to compete against other energy production technologies without subsidies and/or tax benefits, and ensure truly environmentally friendly operation. The overall objective of the business innovation project is successful commercialization of Elcogen’s SOFC stack by early 2017. In Phase 1 the key objective is to verify the technological feasibility and commercial viability of Elcogen’s SOFC stack. Deliverable from the study will be enhanced business plan. Enhancements will be achieved through customer visits and interviews, supplier visits and interviews, market study and tradeshow participation. Feasibility study will also cover commercial supply agreement negotiations with key component suppliers as well as initiating first customer evaluation tests for the stack. Business opportunities for Elcogen Oy are based on the following key components: stack design is optimized from the beginning for mass-manufacturing using low cost raw materials; stacks lower operating temperature helps system manufacturers decrease system cost; and Elcogen’s innovative business model in the fuel cell industry is to take advantage of specialized manufacturers. Elcogen’s proposal focuses on topic “Stimulating the innovation potential of SMEs for a low carbon energy system” within Horizon 2020 Work Programme / Societal Challenge 'Secure, Clean and Efficient Energy“. The IDEAL business innovation project is core to Elcogen’s successful commercialization and market entry, and fits 100% to Elcogen’s strategy. It will support Elcogen to seize 9% market share of global µCHP stack market by 2020, which equals to forecasted annual turnover of 45 MEUR.'

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The information about "IDEAL" are provided by the European Opendata Portal: CORDIS opendata.

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