Periodic Reporting for period 1 - EFFGT (Aurelia Turbines – proof of concept for very high efficient small gas turbine)
Reporting period: 2014-10-01 to 2015-03-31
The EFFGT project aimed to develop a feasibility study and all the elements needed for a comprehensive business plan for the company. The company is commercialising technology developed by Lappeenranta University of Technology (LUT) – small scale gas turbine with an output of 450 kW and electrical efficiency up to 45.8 %. In the project, a strong focus was given to determine the end-customer needs and expectations, sales network, cost structure and overall financial planning of the company.