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The first European scalable, ultra-cheap and easily deployable long-duration energy storage solution, based on iron, water and air - The missing link to accelerate the EU's energy transition.

Objective

Ore Energy is a climate tech company, developing ultra-cheap long-duration energy storage systems, based on very abundant materials: iron, water and air. Born at TU Delft, our technology is fully patent protected and has won multiple awards, e.g. SPRIN-D Long-Duration Energy Storage Challenge, NWO Faculty of Impact, Thematic Technology Transfer, etc. After several years of multidisciplinary research, we have overcome the bottlenecks that have blocked for decades the commercial development of iron-air flow batteries. The result is amazing. Compared to other state-of-the-art electrochemical storage systems such as Li-ion batteries, our batteries can supply energy for days instead of just a few hours at an unbeatable cost. They are totally free of critical raw materials and their materials are easily recyclable. Plus, the technology is completely safe without any risk of fire. Besides, they are also the only truly scalable batteries. Thanks to the non-critical raw material usage and employing streamlined manufacturing methods, we can easily scale their production without risks of supply chain outages or volatile prices. In addition, thanks to their fully modular plug-and-play architecture packaged in a container, our batteries can be deployed anywhere and at any scale. Our ambition is to close the technological gap that continues to hold back the massive deployment of renewables to accelerate the EU's energy transition and at the same time increase the European's competitiveness while guaranteeing its energy sovereignty.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

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.

HORIZON-EIC-ACC - HORIZON EIC Accelerator

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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) HORIZON-EIC-2024-ACCELERATOR-02

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Coordinator

ORE ENERGY BV
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.

€ 2 499 817,00
Address
MOLENGRAAFFSINGEL 10
2629 JD Delft
Netherlands

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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
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
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.

No data
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