Objective
The objective of the innovation project is to demonstrate our low-cost and efficient thermal energy storage technology, and introduce the technology to the market. Similar to how electric energy is stored in a battery, inside an EnergyNest storage, thermal energy is stored in a state-of-the-art concrete-like storage medium which is named HEATCRETE® at temperatures of 425 °C or more. In the project, the goal is to demonstrate storing energy from waste heat/power from industrial applications, surplus or curtailed wind energy, and to return the energy as either heat (process steam), electricity or a combination of both (combined heat and power – CHP). The feasibility study (phase 1) is aiming to get an agreement established with at least one commercial partner to build a first demonstrator.
Our technology is unique as it is purely based on commodity materials, has a lifetime of over 50 years and can be built anywhere. Most of the components can be sourced locally which reduces the CO2 emissions due to transport. The used materials are non-hazardous and recyclable (steel, concrete and insulation material). Our solution helps to make renewable power generation economically more attractive by better utilizing wind assets through avoiding to waste or curtail energy. This will help to promote growth of renewable energy and to reduce base-load capacity provided by conventional power plants. Our approach is to store and reuse waste heat to produce electricity, process steam or district heating when the demand is not matching the supply.
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.
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.
- engineering and technology electrical engineering, electronic engineering, information engineering electrical engineering electric energy
- engineering and technology electrical engineering, electronic engineering, information engineering electrical engineering power engineering electric power generation combined heat and power
- engineering and technology environmental engineering energy and fuels fossil energy natural gas
- engineering and technology environmental engineering energy and fuels renewable energy wind energy
- engineering and technology electrical engineering, electronic engineering, information engineering electrical engineering power engineering electric power transmission
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
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H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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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.
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.
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.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
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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.
1396 Billingstad
Norway
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
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.