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Various Countries Project Notice - RONDO DEMONSTRATION PIPELINE (IEU GT2)-CATALYST


Project Notice

PNR 66759
Project Name RONDO DEMONSTRATION PIPELINE (IEU GT2)-CATALYST
Project Detail The project consists of the deployment of the European demonstration pipeline of RONDOs power-to-heat energy storage solution to decarbonize industrial heat supply. It includes the construction and operation of three Rondo Heat Batteries (RHB100) with 100MWh storage capacity each in Denmark, Portugal and Germany and the related research and development activities. Objectives RHB is an innovative power-to-heat solution to decarbonize heat supply by storing electricity produced by variable RES in the form of heat and ensuring continuous heat supply for utility and industrial use Sector(s) Energy - Electricity, gas, steam and air conditioning supply Proposed EIB finance (Approximate amount) EUR 35 million Total cost (Approximate amount) EUR 78 million
Funded By European Investment Bank (EIB)
Sector Energy & Power
Country Various Countries , Southern Asia
Project Value AL 78,000,000

Contact Information

Company Name RONDO ENERGY INC
Web Site https://www.eib.org/en/projects/pipelines/all/20230665

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