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ProGeo

ProGeo

Total Cost €

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EC-Contrib. €

0

Partnership

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 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.

owners    business    carbon    10    staff    lt    italian    25    pay    additional    lamep    emission    start    teg    patented    technicians    plan    generation    plants    possibility    ch4    mvp    potentialities    active    ebitda    thanks    source    synthetic    energy    allowed    producing    install    producer    fast    500    tax    electricity    mwel    amount    supplier    store    mainly    engineers    thermoelectric    pilot    managerial    substations    precision    market    converting    methane    co2    commercialization    plc    framework    mwh    benefits    reduce    position    industrialization    natural    turnover    85    35    power    epc    strategic    small    shut    2015    demonstrated    customers    consolidated    consequent    progeo    ipp    divide    emissions    competitive    sale    fabricate    time    mwth    company    gas    independent    managers    minimum    peak    scope    price    clear    prototype    back    revenue    dioxide    plant    preliminary    flexibility    modular    engineering    kwel    kw    ups    ton    capacity    figures    fuelled    downs    construction    electrical    medium    acting   

Project "ProGeo" data sheet

The following table provides information about the project.

Coordinator
PLC SYSTEM - SRL 

Organization address
address: ZONA INDUSTRIALE INDUSTRIALE LOC. PANTANO
city: ACERRA NA
postcode: 80011
website: n.a.

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 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.

# participants  country  role  EC contrib. [€] 
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

List of 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.

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