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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.

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

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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