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FUTURBINE SIGNED

Transforming distributed energy generation through the FUTURe Gas TurBINE

Total Cost €

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EC-Contrib. €

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Partnership

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 FUTURBINE project word cloud

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

ground    shafts    turbine    profit    efficient    roi    bio    aurelia    electric    lack    jobs    payback    highest    companies    local    scalable    uses    gas    commercialize    economically    exhaust    remote    ranges    below    mw    electricity    economic       v2    minimal    market    efficiency    2030    downtime    transfer    ph2    90    located    solution    steam    industry    514    towns    small    vibrations    zero    breaking    million    markets    power    combined    creates    a400    heat    employment    sme    dairies    lubricants    400    integrator    brings    economy    20    profitability    patented    temperature    countries    maintenance    fills    feasible    bn    cumulative    model    18    emissions    first    savings    building    energy    futurbine    capacity    annual    innovative    inefficient    gap    factories    chp    2025    distributed    world    consume    benefits    breweries    electrical    chemical    materials    skills    easily    reheatable    commercialise    generation    liquid    decentralised    fuels    larger    synthetic    total    kw    2nd   

Project "FUTURBINE" data sheet

The following table provides information about the project.

Coordinator
AURELIA TURBINES OY 

Organization address
address: HOYLAKATU 1
city: LAPPEENRANTA
postcode: 53500
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 Finland [FI]
 Total cost 3˙273˙000 €
 EC max contribution 2˙291˙100 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-2
 Funding Scheme SME-2
 Starting year 2019
 Duration (year-month-day) from 2019-09-01   to  2021-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    AURELIA TURBINES OY FI (LAPPEENRANTA) coordinator 2˙291˙100.00

Map

 Project objective

Futurbine aims to commercialise Aurelia A400 v2.0, the world’s most efficient small turbine for combined heat and power (CHP) generation. It is a highly innovative 400 kW gas turbine with 40.2% electric efficiency, offering the most efficient solution in the market for small-scale process and SME industry. In Europe it would result in potential annual energy savings of €18 bn. Small-scale process and SME factories are a key part of Europe’s economy and employment, with over 20 million companies, such as dairies,breweries, and small chemical and building materials factories. Typically located in small towns or remote areas, they consume over 20% of the total energy in the EU. Currently there is no economically feasible decentralised solution in the market for their capacity range (less than 2, 000 kW) and need for high-temperature steam, so 90% of these SME factories use inefficient energy systems with high emissions. A400 fills this market gap Our innovative, patented technology, which uses two shafts and reheatable exhaust gas, brings many benefits: 1) the best solution for steam-CHP below 2 MW; 2) the highest available electrical efficiency of 40.2%; 3) low emissions, even below EU requirements; 4) wide range of fuels (synthetic and bio, liquid and gas); 5) minimal downtime due to low maintenance and lack of lubricants; 6) zero vibrations; and 7) high economic profitability. We will bring the ground-breaking potential of our technology first to small-scale process industry, and, as the technology is easily scalable to larger energy ranges, then to other CHP markets, which are expected to be 2/3 of new electricity capacity by 2030. In addition, we have developed an innovative distributed integrator partner model, which creates new local jobs and skills in several EU countries through technology transfer. After Phase 2 project we expect to commercialize A400 v 2.0 and reach payback by 2nd year after Ph2 with cumulative profit of €30.6 M and ROI of 514% by 2025.

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

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