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
|