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LNGCOLD

Improving energy efficiency and reducing carbon emissions by utilization of ultra-cold energy from the regasification of liquefied natural gas (LNG)

Total Cost €

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EC-Contrib. €

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Partnership

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 LNGCOLD project word cloud

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

ice    wasted    self    industry    feasibility    sales    auml    scenario    generate    25    opportunity       model    technologies    almost    alternatives    gas    consumption    globally    food    trl6    output    regasification       cost    port    fuels    feedback    ongoing    develops    lng    electrical    sites    efficient    terminals    recover    deg    162    attractive    mw    conservative    heat    starting    replace    additional    eco    fossil    exchange    initiated    completing    hitherto    energy    water    completely    digit    cold    market    patented    million    environment    stations    valuable    huge    concretising    savings    provision    create    shipbuilding    innovative    launching    rising    assumes    liquefied    lte    capacity    stored    profitable    confirmed    refrigeration    ambient    source    plan    conditioning    negotiations    customers    power    business    natural    climate    classes    tremendous    rate    sea    conversion    handling    fuelled    consume    air    customer    trucks    revenue    saving    respectively   

Project "LNGCOLD" data sheet

The following table provides information about the project.

Coordinator
ECO ICE KALTE GMBH 

Organization address
address: AM HEILIGEN HOLZ 10
city: BORNA OT EULA
postcode: 4552
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 Germany [DE]
 Project website http://www.eco-ice.net/en/
 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 2018
 Duration (year-month-day) from 2018-02-01   to  2018-07-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ECO ICE KALTE GMBH DE (BORNA OT EULA) coordinator 50˙000.00

Map

 Project objective

Cost-efficient and environment friendly provision of cold for industry, food handling, shipbuilding, and LNG (Liquefied Natural Gas) fuelled trucks is a rapidly growing market opportunity. Electrical refrigeration and air-conditioning consume almost 25% of the electrical energy in Europe, a tremendous saving potential and attractive business opportunity for new technologies. Eco ice Kälte GmbH develops technologies to exploit this attractive market potential, to generate significant growth and with this contribute to achieving the climate targets. One very promising approach results from the globally rising use of LNG as energy source, since a huge cold capacity at -162°C is stored in LNG, which is hitherto completely wasted during the regasification by heat exchange with ambient air or sea water at port terminals and LNG end user’s sites, respectively. Eco ice has developed and patented an innovative technology (TRL6) in various output classes to recover this highly valuable cold capacity without additional electrical power or gas consumption and provide it very cost-efficiently to the market. The Eco ice technology has the potential, without any self-consumption of natural gas, to create electrical power savings of 5.000 MW, i.e. to replace the fossil fuels for several large power stations. The cold market is increasingly looking for such cost-efficient and eco-friendly alternatives, as confirmed by customer feedback. Even in a conservative business scenario, which assumes a technology conversion rate of only 5%, a profitable short term growth up to a high two digit million € revenue value can be expected, as confirmed by ongoing negotiations with potential launching customers and business partners. The proposed feasibility study aims at completing the market study, concretising the business plan and developing an optimised business model and sales plan starting with already initiated business partnerships.

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

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