May 7, 2018 (Investorideas.com Newswire) VTT Technical Research Centre of Finland is coordinating a five-year European consortium worth more than EUR 10 million, which is developing commercial applications from SOFC fuel cell technology. The aim is to implement the reliable production of low-emission electricity and heat, which will lead to significant efficiency gains and carbon emissions savings compared to traditional energy production methods.
New, commercial and energy-efficient fuel cell applications are emerging from the ComSos (Commercial-scale SOFC systems) EU project, which is being coordinated by VTT. The project involves the demonstration of fuel-cell based energy solutions in authentic client environments, in cooperation with leading European system experts. Convion Oy of Finland is participating in the project, alongside Sunfire GmbH from Germany and SOLIDpower SpA from Italy. The ComSos project will involve the implementation of at total of 25 SOFC technology-based power generation solutions around the world.
"Through the project, we will develop world-class commercial products on the basis of European fuel cell expertise. VTT has been developing fuel cell technology for over a decade and we have strong system expertise. We are now bringing this expertise to a project in which we are ensuring that the equipment is efficient, environmentally friendly and provides added value to end-users," says Project Coordinator Jari Kiviaho of VTT.
SOFC technology has major potential in the bio and circular economy, as it enables the scalable, highly efficient utilisation of biogas. The technology is also suitable for small-scale, decentralised local production. When combined with solar and wind power, SOFC evens out daily fluctuations in the power grid. The technology can be utilised wherever electricity and heat are needed, for example in industry, data centres, hospitals, hotels, households and agriculture.
The advantages of fuel cell technology over competing technologies are emphasised in small plants of under 1 MW. For example, Convion Oy, Sunfire GmbH, and SOLIDpower's fuel cell power plants operate with an efficiency of well above 50%, thereby producing much more electrical energy than conventional power plants, for the same amount of fuel.
Another important task of the project is to provide open information and data on SOFC technology and its applicability. People such as decision-makers, technology developers and all potential customers will benefit widely from this.
This five-year project (2018 - 2020) has a budget of 10,2 M€ and has received 7.4 M€ funding from the Fuel Cells and Hydrogen 2 Joint Undertaking under grant agreement No 779481. This Joint Undertaking receives support from the European Union’s Horizon 2020 research and innovation programme, Hydrogen Europe and Hydrogen Europe research. In addition to VTT, which is coordinating the project, the European lead consortium consists of Convion Oy Finland, Sunfire GmbH of Germany and SOLIDpower SpA of Italy, Politecnico di Torino (Department of Energy) of Italy, Blueterra BV of Holland and HTceramics SA of Switzerland are also involved.
Definitions: SOFC (Solid Oxide Fuel Cell)
Energy production faces the challenge of producing cleaner electricity and heat with lower fuel consumption/higher efficiency/lower emissions. By using solid oxide fuel cells (SOFC), energy is made out of fuel and air. The most notable advantage compared to existing fuel cell technologies is the possibility of using conventional fuels such as natural gas, diesel fuel and biogas, instead of hydrogen. Inside the cell, oxygen in the air and the fuel undergo a direct electrochemical reaction, generating electricity and heat.
For more information, please contact:
VTT Technical Research Centre of Finland Ltd
Jari Kiviaho, Senior Principal Scientist and Project Coordinator
+358 50 511 6778, firstname.lastname@example.org
Further information on VTT:
Sirpa Posti, Specialist, external communications
+358 20 722 4251, email@example.com, www.vtt.fi
VTT Technical Research Centre of Finland Ltd is one of the leading research, development and innovation organizations in Europe. We help our customers and society to grow and renew through applied research. The business sector and the entire society get the best benefit from VTT when we solve challenges that require world-class know-how together and translate them into business opportunities. VTT in social media: Twitter @VTTFinland, Facebook, LinkedIn, YouTube and Instagram. For photos and videos, please visit our Image Bank.
Convion Oy http://convion.fi/
Convion is a leading supplier of fuel cell systems, focusing on the commercialisation of products in the power range of over 50kW for decentralised power and heat generation. Convion's employees have more than 10 years of experience in the development and commercialisation of energy-efficient and zero-emission fuel cell systems. The company’s owners include VNT Management and Wärtsilä.
The SOLIDpower Group is the European leader on SOFC technology, with more than 1000 micro-CHP (combined heat and power) appliances deployed. The Group develops, manufactures and markets fuel cell systems for generating power and heat in residential and commercial buildings at locations in Italy, Germany, Switzerland and Australia.
Sunfire GmbH: http://www.sunfire.de/en/
Sunfire develops and manufactures systems for renewable industrial gas and fuel production. These substitutes for mineral oil and natural gas, known as e-gas, e-fuel or e-chemicals, replace fossil fuels in existing infrastructures. The solid oxide cells (SOCs) used for the conversion process are also used as generators to provide electricity and heat.
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release on the Investorideas.com newswire http://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.