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Orcan Energy is now partner of EU-funded project for decarbonization of long-distance shipping

 

Munich, 22.09.2021 - Waste heat specialist Orcan Energy is now a partner of the Engimmonia consortium and will develop an optimized waste heat solution for the maritime sector in the project. The organization is working to develop a radical new technology to reduce pollution in shipping. Engimmonia, consisting of 21 partners from nine countries, is receiving €9.5 million in funding under the EU's Horizon 2020 research and innovation funding program. In addition to Orcan Energy, the project includes well-known partners such as MAN, TUM and key players in the maritime sector such as the Dutch naval engineering company C-Job Naval Architects, led by the naval classification society RINA.

Engimmonia aims to reduce emissions from shipping through the integrated use of low-carbon energy forms and technologies in combination with energy efficiency measures. These include, for example, the use of ammonia as a green fuel, waste heat recovery based on ORC technology - where Orcan Energy's maritime energy efficiency solutions are used, the integration of renewable energy using photovoltaic technology, and absorption chillers for power generation or space cooling. To test and prove the reproducibility of the measures, the technologies will be demonstrated with MAN engines on board three ships: an oil tanker (FAMOUS), a ship (DANAOS) and a ferry (ANEK).

Engimonnia's goals are of great importance: By combining new and innovative technologies, greenhouse gas emissions are to be reduced to a minimum and energy savings of up to 50 percent achieved. Soot emissions are also to be reduced by more than 95 percent, which could be groundbreaking, especially in long-distance shipping, which accounts for 80 percent of ship emissions.

 

Project data

 

Start date: 01.05.2021

Project end: 30.04.2022

Funding amount: 9.5 million EUR

Project coordination: RINA CONSULTING Spa (Italy)

 

For more information: https://cordis.europa.eu/project/id/955413

 

ENGIMMONIA receives funding from the European Union's Horizon 2020 research and innovation program under grant agreement no. 955413.

About Orcan Energy AG

Orcan Energy AG develops, produces, distributes and finances energy modules for the conversion of waste heat into clean and cheap electricity and constructs them on a turnkey basis, including the installation required for waste heat extraction. Orcan Energy's products tap into the enormous global waste heat potential and enable customers to save CO2 emissions and costs at the same time. Orcan Energy unlocks the energy potential of unused heat sources based on second-generation Organic Rankine Cycle (ORC) technology. By massively downsizing the established technology and developing a modular solution, Orcan Energy is turning small and medium-sized waste heat sources, as well as lower temperatures into economically viable options for the first time. As a result, the modules can be installed directly wherever excess heat is generated, for example in industrial processes, in engines, on ships or even in geothermal plants. Orcan Energy's solutions are already helping companies in the cement, oil and gas, power generation, and marine sectors to achieve their sustainability goals, reduce costs and comply with future regulations. Thanks to flexible financing models, companies can save cash-flow-positive electricity or fuel costs with waste heat power generation from day one. Orcan Energy has already marketed more than 600 modules with over 7 million operating hours internationally. The company has 60 employees and is headquartered in Munich, Germany.

For more information about the company, its products and applications, visit www.orcan-energy.com.

Press contact

Peter von Kageneck
Orcan Energy AG
Rupert-Mayer-Strasse 44
Building 6408, 5th floor (hallway 6)
81379 Munich

T: +49 163 8840364