par ENOGIA (EPA:ALENO)
ENOGIA: ENOGIA wins major supercritical CO₂ contract in South Korea
ENOGIA
ENOGIA wins major supercritical CO₂ contract in South Korea
Marseille, 22 October 2024 – 6 p.m.
ENOGIA (ISIN code: FR0014004974 – ticker: ALENO, an expert in micro-turbomachinery for the energy transition, is pleased to announce a major order from South Korean company Sunbo Unitech. ENOGIA will supply a turbine, which will serve as the key component of a supercritical CO₂ electricity generation project. The contract spans 20 months and will be the main contributor to ENOGIA Innovative Turbomachinery business revenue over the next two years. This order is part of a test facility project under a research program launched by Korea Electric Power Corporation (KEPCO), the country’s largest utility company. KEPCO is deeply committed to renewable energy and advancing supercritical CO₂ power generation technologies, positioning this initiative as a core element of South Korea's government-backed efforts to establish an industrialization support center for supercritical CO₂ power production. Sunbo Unitech was selected by KEPCO to oversee the design, manufacturing, and site installation of the supercritical CO₂ system. As part of this endeavor, Sunbo Unitech has chosen ENOGIA to provide the turbine, a crucial piece of equipment for this test facility and a core element of the power generation system. Arthur Leroux, Chairman and CEO of ENOGIA, stated: « We are proud to have been selected to supply the centerpiece of this flagship project in South Korea, centered around supercritical CO₂ electricity generation technology. This innovation is also being actively developed in the United States and the European Union, where other similar projects are emerging, and ENOGIA could potentially play a role. Our company is increasingly positioning itself not just as a provider of ORC modules, but as a key contributor to the deployment of next-generation green energy technologies. » Kim Chung-wook, CEO of Sunbo Unitech, expressed his confidence in the collaboration, saying: Supercritical CO₂ power generation is an emerging technology hailed for its potential to drastically improve the efficiency of power plants. By using CO₂ in its supercritical state, which occurs at high pressures and temperatures, the technology allows for more compact and efficient systems with reduced emissions. This innovation is seen as a critical step in transitioning to cleaner energy systems worldwide, particularly as it enables higher efficiency and lower carbon footprints compared to traditional steam-driven systems. As countries and industries seek sustainable energy solutions, supercritical CO₂ power generation is likely to play a pivotal role in the energy transition both for power generation and energy storage.
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Regulatory filing PDF file File: CP ENOGIA Corée ENG VDef 03 |
2013767 22-Oct-2024 CET/CEST