DJ A revolution in mass electricity storage: ENOGIA will design and deliver the supercritical CO2 turbomachinery of the SCO2OP-TES project
ENOGIA
A revolution in mass electricity storage: ENOGIA will design and deliver the supercritical CO2 turbomachinery of the
SCO2OP-TES project
18-Dec-2023 / 17:56 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
=----------------------------------------------------------------------------------------------------------------------
A revolution in mass electricity storage: ENOGIA will design and deliver the supercritical CO2 turbomachinery of the
SCO2OP-TES project
Marseilles, France, December 18th, 2023 - 18h
ENOGIA (code ISIN: FR0014004974 - mnémonique: ALENO), expert en micro-turbomachines au service de la transition
énergétique, is proud to be part of the ambitious Horizon Europe SCO2OP-TES project, aiming at revolutionizing mass
electricity storage thanks to innovative carnot battery architecture, which started as its kick-off was held in
Brussels on this December 14th and 15th.
Capitalizing on more than a decade of high technology turbomachinery research and development, ENOGIA was selected as
the main turbomachinery manufacturing partner of the SCO2OP-TES project. ENOGIA will design, engineer, manufacture and
test the main supercritical CO2 turbomachines used in this project where a groundbreaking Carnot battery architecture
will be developed and tested by the partners of the project.
This project emphasizes ENOGIA's recognized ability to develop cutting-edge supercritical CO2 turbomachinery, acquired
through years of research and several development projects (including the H2020 I-Therm project). ENOGIA is also
heavily involved in thermodynamic electricity storage research, which is a promising way of storing electricity without
using limited and polluting resources such as chemical batteries.
Total funding of the project is 4,7MEUR, including a grant of 875,5 kEUR for ENOGIA to support its activities in the
project critical hot sCO2 turbomachinery design, manufacturing and testing.
Introducing SCO2OP-TES's Groundbreaking "Carnot Batteries": EU Pioneers in Revolutionizing Energy Storage
In a bold move to revolutionize energy storage and transition towards renewable energy sources, the European Union has
intensified its efforts through the innovative SCO2OP-TES project. This initiative is a pivotal part of the EU's
strategy to reduce emissions in the energy and industrial sectors, further propelled by the recent REPowerEU Plan. The
plan sets an ambitious goal of achieving 1236 GW of installed renewable energy source (RES) power capacity by 2030, a
significant increase from the 1067 GW target set in the "Fit for 55" package. But this huge amount of RES needs a
proper energy storage solution, that can guarantee both grid stability and the possibility to exploit RES all over the
day and the year.
Addressing the Challenges of Energy Transition
The transition towards 100% RES by 2050 is indeed not without its challenges. Current inverter-driven storage methods,
like batteries and power-to-hydrogen systems, fall short in covering specific grid flexibility services that only
rotating machines can provide. In this sense the estimated 780 TWh electricity storage needed for EU RES transition
cannot be provided only by battery, thus the EU is on the lookout for novel energy storage solutions that are not only
cost-effective but also provide extended storage durations and grid services.
SCO2OP-TES: A Step Towards Sustainable Energy Future
Enter SCO2OP-TES, a project that aims to develop and validate the next generation of Power-toHeat-to-Power (P2H2P)
energy storage solutions. This project is a collaborative effort of 16 partners from 10 European countries, combining
their expertise in advanced energy systems and turbomachinery, with a particular focus on sCO2 ones. The SCO2OP-TES
project focuses on developing a new type of Carnot Battery that valorises freely available heat from thermal RES or
waste heat from industries and fossil-based power plants, can guarantee high round-trip efficiency and makes industrial
/power plants more grid-flexible.
Empowering Europe's Energy Transition
SCO2OP-TES is more than just an energy storage project. It represents a technological paradigm shift, integrating
Thermally Integrated-Pumped Thermal Energy Storage (TI-PTES) with supercritical CO2 (sCO2) cycles. This approach
promises affordable long-duration (>10hrs) and large-scale storage solutions, crucial for integrating bulky RES into
the EU energy systems and transforming traditional power plants into flexible renewable energy plants.
Consortium Partners
The SCO2OP-TES project brings together a diverse group of partners, each contributing unique expertise. The consortium
partners, including leading universities, research centers, and industry experts, are united in their mission to
develop sustainable, technically viable, and environmentally friendly energy storage solutions. Together, they are
paving the way.
To learn more about the SCO2OP-TES project and partners: https://cordis.europa.eu/project/id/101136000
The project has been funded by the European Union in the Horizon Europe framework under Grant Agreement n. 10113600.
Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the
European Union or of the European Climate, Infrastructure and Environment Executive Agency (CINEA). Neither the
European Union nor the granting authority can be held responsible for them.
About ENOGIA
ENOGIA responds to the major challenges of the ecological and energy transition with its unique and patented technology
of compact, light and durable micro-turbomachinery. As the French leader in heat-to-electricity conversion with its
wide range of ORC modules, ENOGIA enables its customers to produce decarbonised electricity and to recover waste or
renewable heat. Since 2020, ENOGIA has also been marketing air compressors for Hydrogen Fuel Cells, thereby
contributing to the development of hydrogen mobility, a booming market. With sales in more than 25 countries, ENOGIA
continues to prospect for new customers in France and internationally. Founded in 2009 and based in Marseille, ENOGIA
has some 60 employees involved in the design, production and marketing of environmentally friendly technological
solutions. ENOGIA's CSR commitment represents an "Advanced" level of performance according to EthiFinance.
ENOGIA is listed on Euronext Growth Paris.
MNEMO: ALENO. ISIN: FR0014004974. LEI: 969500IANLNITRI3R653
Contacts
Enogia Actifin Actifin
Antonin Pauchet Deputy CEO Marianne Py Press Relations
antonin.pauchet@enogia.com04 84 25 60 17 Investor Relations presse@actifin.fr
mpy@actifin.fr 01 56 88 11 16
01 80 48 25 31
Find all of ENOGIA's news on https://enogia.com/investisseurs
-----------------------------------------------------------------------------------------------------------------------
Regulatory filing PDF file File: 23 12-18 CP ENO Subvention UE Vdf EN 03
1799397 18-Dec-2023 CET/CEST
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1799397&application_name=news
(END) Dow Jones Newswires
December 18, 2023 11:56 ET (16:56 GMT)
