ProGeo project word cloud
Explore the words cloud of the ProGeo project. It provides you a very rough idea of what is the project "ProGeo" about.
Project "ProGeo" data sheet
The following table provides information about the project.
| Coordinator |
PLC SYSTEM - SRL
Organization address contact info |
| Coordinator Country | Italy [IT] |
| Project website | http://www.plcgroupspa.com/it/plc-system-progeo.php |
| Total cost | 3˙493˙750 € |
| EC max contribution | 2˙443˙875 € (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-2-2015 |
| Funding Scheme | SME-2 |
| Starting year | 2016 |
| Duration (year-month-day) | from 2016-06-01 to 2019-05-31 |
Partnership
Take a look of project's partnership.
| # | ||||
|---|---|---|---|---|
| 1 | PLC SYSTEM - SRL | IT (ACERRA NA) | coordinator | 2˙026˙886.00 |
| 2 | LA. ME. P. DI CAMPOLUCCI ERINO & C.SOCIETA IN NOME COLLECTIVO | IT (ROMA) | participant | 416˙988.00 |
Map
Project objective
PLC System is an Italian medium company acting as a EPC and/or supplier for electrical plants/substations engineering and construction and as a IPP (independent power producer). The high technical and managerial capacity allowed to PLC to reach a consolidated position in the European energy sector, with a 2015 turnover of 35 M€ and a 85 figures staff, mainly composed by engineers and high level technicians. PLC is very active in the energy R&D, with the clear scope to fabricate and install its own products to be offered in the very competitive energy market. Within this framework, PLC developed ProGeo, a 500 kW Power-to-Gas modular unit able to store electricity by converting carbon dioxide (CO2) into synthetic methane (CH4) with high flexibility thanks to fast start-ups and shut-downs. The patented product will be offered to owners and managers of small Thermoelectric Generation (s-TEG, < 50 MWth) plants, who will have the possibility to store energy and avoid the sale of low-price electricity during low peak requirements (electricity market price < 20-30 €/MWh) and to reduce the CO2 emissions and the consequent carbon tax amount (5 ÷ 20 €/ton of CO2), producing an additional revenue source from the synthetic-CH4 generation. ProGeo will provide customers with the following benefits: • increasing of average electricity sale price = 25% • reduction of CO2 emission and tax = -10% • increasing of TEG plant EBITDA = up to 1 M€/y for a 20 MWel natural gas fuelled power plant • ProGeo pay-back time = 3 ÷ 4.5 years • reduced start-ups / shut-downs of the TEG PLC has developed a pilot prototype of 30 kWel, by which the technology potentialities have been demonstrated, has identified a strategic partner (LAMEP, a company operating in the field of precision engineering) and has defined a business plan with the assessment of the minimum viable product (MVP), the production cost and market price, a preliminary industrialization and commercialization plan.
Deliverables
| Certification, HAZOP & LCA | Documents, reports | 2019-11-22 10:57:43 |
| Preliminary tests | Documents, reports | 2019-11-22 10:57:43 |
Take a look to the deliverables list in detail: detailed list of ProGeo deliverables.
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The information about "PROGEO" are provided by the European Opendata Portal: CORDIS opendata.