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Novel GAsification REactor for combined heat and power Plant

Objective

Drawbacks related to central large scale power production due to high cost of infrastructure and transmission loss resulting in high cost of energy have created a need for small scale local power production. By implementing combined head and power (CHP) solutions local biomass could be used to provide low cost energy. However large scale CHP plants (>10MWe) require large investments while technologies used for small scale CHP (<50kWe) are experiencing problems with scalability due to issues related to tar removal. This has created a strong market demand for small-to-medium scale (0,1MWe-3MWe) solutions. The main objective of the planned project is to develop a CHP unit in the 250-1500kWe range using the GasEK gasification reactor that would allow to use local biomass for producing heat and electricity. GasEK has the necessary level of innovation to dominate the market in the selected power range. At the heart of the development is a patented central nozzle system which makes it possible to develop larger gasifiers producing low tar level wood gas that has not been possible before. The unique aspect of the patented solution is the Electrical Control Unit with smart-control software giving the solution a distinct competitive advantage. As a result GasEK will offer a reliable and cost-effective CHP plant for distributed energy production using local biomass. Levelized Cost of Energy of 40EUR/MWh and 3 times lower payback than the current benchmark guarantee it a strong market advantage. GasEK has a strong team with main R&D persons having 50+ years of cumulative experience, complemented with business development experts. After a 4 year development period and 11MEUR invested by public and private funds, GasEK is now reaching the commercial phase with the given technology. The company is looking to generate an annual revenue of 10 MEUR by FY 2018 and a 20% market share of the small-to-medium scale (<5MWe) CHP market in the long run resulting in a total revenue of 100MEUR

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2014-2015

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Coordinator

GASEK OY
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
LENTOKATU 2
90460 OULUNSALO
Finland

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Manner-Suomi Pohjois- ja Itä-Suomi Pohjois-Pohjanmaa
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00
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