nGEL-smart use of Geothermal Energy
Company

nGEL-smart use of Geothermal Energy

Oil, Gas, And Mining 126 employees
Employees
126

nGEL-smart use of Geothermal Energy Overview

Industry
Oil, Gas, And Mining
Employees
126
Founded
2024
NAICS
Mining, Quarrying, and Oil and Gas Extraction
Support Activities for Mining
Drilling Oil and Gas Wells

About nGEL-smart use of Geothermal Energy

Next generation flexible trigeneration geothermal ORC plant (nGEL) is aiming to transform a geothermal ORC plant to a flexible tri-generation plant capable of both efficiently as well as cost effectively responding to the dynamic demand of power, heating, and cooling, attributing geothermal energy as a dispatchable source to balance the power and thermal grid against the progressive integration of intermittent RES (i.e. solar, wind). This will be achieved through the integration of absorption chiller, thermal energy storage, cold thermal energy storage, heat exchangers, smart control and energy management system (EMS) with AI functionalities. If the nGEL technology can be implemented in all of the existing ORC plants in the EU, around 215 TWht heat can be delivered to the thermal grid, which is approximately 4% of the EU current annual heat demand, which corresponds to annual economic saving (on NG import) of € 9.6 billion/year. This project has received funding from the Horizon Europe Framework Programme (HORIZON) Research and Innovation Actions under grant agreement No 101148170.

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