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IDEAL

InDustrializing Elcogen’s Affordable and durabLe SOFC stack

Total Cost €

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EC-Contrib. €

0

Partnership

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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.

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

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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