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LCPT

SONOLIS ENERGY STORAGE SYSTEM: Lithium Capacitor Power Transfer

Total Cost €

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EC-Contrib. €

0

Partnership

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 LCPT project word cloud

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

super    capacitors    power    guarantee    generate    generation    2030    opportunity    smart    difficult    basic    energy    2020    integration    16    generators    fundamental    renewable    turbines    stored    pursuing    optimizes    solar    validate    batteries    efficiency    turn    worldwide    engineers    commercialize    relies    disadvantages    photons    founded    2m    fossil    entrepreneurs    total    commercialization    primary    wind    2024    sources    2014    quantities    2050    replace    collectors    capacity    clear    global    roughly    fact    2009    last    revenue    receive    million    one    sonolis    mwh    weather    market    finalize    source    reliability    sunshine    entirely    group    skies    performance    international    markets    upgrade    fuel    storage    plays    electrochemical    12    turnover    lithium    452    innovative    technologies    payback    improves    12m    business    energies    accumulated    frameworks    enterprise    grids    fuels    combines    billion    investment    electricity    supply    grow    reached    distributed    blades   

Project "LCPT" data sheet

The following table provides information about the project.

Coordinator
SONOLIS SRL 

Organization address
address: VIA TORRI BIANCHE 3
city: VIMERCATE MB
postcode: 20871
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.sonolis.it/it/
 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.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2016
 Duration (year-month-day) from 2016-11-01   to  2017-02-28

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SONOLIS SRL IT (VIMERCATE MB) coordinator 50˙000.00

Map

 Project objective

One of the main European challenges included in the 2020, 2030 and 2050 objectives and frameworks is the increase of energy efficiency, and the integration of Renewable Energy Sources plays a fundamental role in the development of Smart Grids in order to achieve the targets. However, with renewable energy it is difficult to generate the same quantities of electricity that those produced by traditional fossil fuel generators and it is difficult to guarantee the reliability of supply because of the fact that the production relies on the weather for its source of power, solar collectors need clear skies and sunshine to receive photons and produce electricity, and wind turbines need wind to turn the blades. That is why energy storage is considered to be one of the primary means by which renewable energies can entirely replace fossil fuels. Traditionally, the energy is stored in an electrochemical way but batteries have some associated disadvantages. SONOLIS, an enterprise founded in late 2009 by a group of engineers and entrepreneurs, has developed an innovative Energy Storage System that combines, optimizes and improves the characteristics and performance of two basic technologies available on the market today, super capacitors and the last generation of lithium batteries, which is useful for several applications. The global total storage capacity is expected to achieve 12,000 MWh in 2024, and worldwide revenue from distributed energy storage system is expected to grow from 452 million$ in 2014 to more than 16.5 billion$ in 2024. With this project, SONOLIS will finalize the upgrade and validate its innovative technology, and will commercialize it in the international markets, pursuing a business opportunity that will provide an accumulated turnover of more than 12M€ after five years of commercialization. The payback of the expected investment of this project (roughly 2M€) will be reached in the second year in the market.

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

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