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Listing Description

Addressing target audiences and expressing needs

Our needs are
  • Grants and Subsidies
  • Other blended financing
  • Collaboration
We specifically need / are looking for

Funding, financing or cooperation for the further development of the technology to TRL 5-6.

Target audiences
  • Public or private funding institutions
  • International Organisations (ex. OECD, FAO, UN, etc.)
  • Research and Technology Organisations

R&D, Technology and Innovation aspects

Current stage description

CEEGS developed a scalable system utilising CO2 for power, possible heat and cooling, and partial CO₂ sequestration, turning surplus renewables into storable thermal energy for on-demand use. A 20 kWel demo raised the tech from TRL2 to TRL4 with EU validation, offering low cost, long duration, and rare-earth independence. Next: demo plant and business plan to reach TRL6.

Scalability
  1. Applications from few kWh to several MWh storage,
  2. Flexible storage duration from hours to weeks,
  3. Modular construction possible
  4. Adaptable power ratings
  5. Standardization potential
Replicability
  1. Modular system design,
  2. Easy to scaled up or down based on local energy demand and storage needs,
  3. Connection of renewable power plants, industrial CO₂ sources, including cleaning, as a provided of the CO2 and possible user of the stored energy, or district heating/cooling networks without major redesign,
  4. store excess electricity from any source, improving grid stability in various energy mixes,
  5. CO₂ injection, geothermal heat extraction, and underground storage already have industrial analogues in oil & gas, CCS (Carbon Capture & Storage), and geothermal power,
  6. standardized designs for certain storage volumes, reservoir types, and power ratings can be developed → enabling faster rollouts.
Sustainability
  1. Storage technology without the use of rare earths,
  2. No ignition or flammability, as CO2 is an inert gas
  3. No toxic media used
  4. CO₂ sequestration – decarbonisation of hard -to-abate industry, and possibly negative emissions for sources relying on biomass for power generation, such as pulp&paper sector or waste-to-energy sector
  5. Excess green electricity, no backup by fossil fuel
  6. new value chains in renewable energy, energy storage, and CO₂ management
Result submitted to Horizon Results Platform by CONVERGE! LDA

Offer Details

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