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BestinclassSOFCs SIGNED

Enabling mass market adoption of SOFC fuel cell systems

Total Cost €

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EC-Contrib. €

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Partnership

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Project "BestinclassSOFCs" data sheet

The following table provides information about the project.

Coordinator
AKTSIASELTS ELCOGEN 

Organization address
address: VALUKOJA 23
city: TALLIN
postcode: 11415
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 Estonia [EE]
 Project website https://elcogen.com/
 Total cost 2˙561˙500 €
 EC max contribution 1˙793˙050 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-2
 Funding Scheme SME-2
 Starting year 2018
 Duration (year-month-day) from 2018-09-01   to  2020-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    AKTSIASELTS ELCOGEN EE (TALLIN) coordinator 1˙793˙050.00

Map

 Project objective

Elcogen’s mission is to be instrumental in realising the potential for distributed power generation from deploying SOFCs, the most efficient fuel cells when it comes to converting fuel to power and heat (CHP). However, there are two main obstacles to successful mass commercialisation: high manufacturing cost and insufficient life-time. Elcogen's SOFCs have best-in-class electrical efficiency of 74%, their lower operating temperature allows lower cost (up to 76%) fuel cell systems to be produced by CHP system manufacturers. They are fully validated for standard manufacturing techniques, are fully tested by customers and approved as the best performing. Over the last 5 years Elcogen has developed the market for CHP (combined heat and power) and has now received purchase commitments from several customers. It has signed agreements with three key CHP Sumitomo Precision Products and LOI’s from SolidPower (Italy) and Convion (Finland). They are now waiting for large volume deliveries from Elcogen. Manufacturing scale up is a top priority now. Elcogen needs to plan the manufacturing plant scale-up with initial capacity of 2m cells p.a., envisaging revenues of €57m and EBITDA of €36m in 2023. The feasibility of the deployment of standard manufacturing equipment has been established during a Phase 1 study. It will be possible to reduce cell manufacturing cost by nearly 90% to €5 by 2021, compared with €40 for the current 2nd generation. Elcogen will deploy a cost-effective method for mass production of SOFCs, cutting fuel cell system costs by 65% compared with current system costs. This will open the path to widespread adoption of stationary power generation, unlocking a €25bn market for fuel cell systems, of which ~ 1/3rd will be for SOFC unit cells. The ramp-up of sales volumes sales in stationary and automotive applications will make the cells cost-effective for mass electrolyser applications.

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

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