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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.

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

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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