nGEL-smart use of Geothermal Energy Company Profile, Contacts & Intelligence

nGEL-smart use of Geothermal Energy Overview

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.

Website

www.ngel-geothermal.eu

Industry

Oil, Gas, And Mining

Founded

2024

NAICS

Mining, Quarrying, and Oil and Gas Extraction, Support Activities for Mining

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