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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.

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

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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