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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.

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

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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