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27.01.2019 12:00:03

E.ON SE: Handelsblatt honors E.ON Innovation ectogrid as Top 3 Technology


DGAP-Media / 27.01.2019 / 12:00

Handelsblatt honors E.ON Innovation ectogrid as Top 3 Technology
  • Heat and cold - climate-friendly and affordable for everyone
  • Key to a Energy Transition in Cities

At the Handelsblatt Energy Awards ceremony, the jury honored the ectogrid cooling and heating network for supplying cities and districts as one of the leading new energy technologies. This confirms E.ON's position as an innovation leader in the energy industry. In the Smart Infrastructure category, ectogrid ranked among the top 3.

The supply network works like a thermal battery into which residents and businesses feed or extract heat and cold. ectogrid enables climate-friendly heating and cooling in the city at affordable prices.

ectogrid primarily uses renewable and ambient energy as well as waste heat and cooling. Solar thermal and geothermal energy, mine and waste water and waste heat from a bakery or computer center can be tapped energy sources. Heat pumps installed in buildings and apartments can be switched on as required.

Heating and cooling are supplied from a common network, which has low to practically no distribution losses due to low temperatures. The decisive factor for economic efficiency is that the operating temperature of the grid varies between 6 and 30 degrees Celsius - depending on the behavior and needs of the consumers and energy producers. The cold supply in particular is thus transformed from a luxury good to an affordable service.

In addition, ectogrid is also based on a highly cooperative approach. Community and urban society actors are already involved in the development and utilization of the energy system. Each prosumer has the possibility to contribute his own energy.

"With ectogrid, we are making significant progress in supplying heating and cooling to cities. The consistent utilization of waste and excess heating and cooling and the radical avoidance of losses make this possible. With ectogrid we use energy more than once and thereby ensure that the energy costs of our customers will remain affordable in the future. We're determined to market this climate-friendly technology internationally and make a contribution to reducing CO2 emissions in our cities across Europe," says Stefan Håkansson, responsible for City Energy Solutions at E.ON.

Digital intelligence plays a decisive role. ectogrid is controlled by the cloud-based software ectocloud. Based on self-learning algorithms and depending on market, environmental and demand data, the system is constantly optimized. E.ON has filed 32 patents for the technology. It was developed in Sweden and is used there in various locations, even on a large scale in the Medicon Village hospital complex in Lund. There, ectogrid will reduce its own generation by almost 80 percent.

E.ON is currently introducing ectogrid to the German and British heating markets and cooperates closely with RWTH Aachen University. A joint feasibility study is currently being funded by the German Federal Ministry of Economics and Technology.

Contact E.ON: Markus Nitschke | 0049 160 898 5555 0

This press release may contain forward-looking statements based on current assumptions and forecasts made by E.ON Group Management and other information currently available to E.ON. Various known and unknown risks, uncertainties, and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. E.ON SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to align them to future events or developments.



End of Media Release


Issuer: E.ON SE

27.01.2019 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: E.ON SE
Brüsseler Platz 1
45131 Essen
Germany
Phone: +49 (0)201-184 00
E-mail: info@eon.com
Internet: www.eon.com
ISIN: DE000ENAG999
WKN: ENAG99
Indices: DAX, EURO STOXX 50
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange

 
End of News DGAP Media

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