GasDecEngine has taken a unique approach to helping homes and businesses reduce emissions while lowering energy tax bills, heat and electricity costs. The company has developed an ultra-high efficiency micro-combined heat and power (CHP) engine, making it the ideal solution for supplanting five million boilers replaced in Europe each year. Unlike traditional boilers which only produce heat, micro-CHP engines also produce electricity, and can generate income in markets where excess electricity can be sold to a utility company.
The company is seeking to raise US$150,000 through a crowdfunding campaign at Indiegogo to build a market prototype of its engine.
The GasDecEngine micro-CHP engine, which has two international patents, was tested by scientists at Norut Technology AS in Norway and found to have mechanical efficiency of 62%, which is significantly higher than any other micro-CHP engine available on the market. Higher mechanical efficiency ratings translate into higher electricity generation, which lowers overall power costs.
By comparison, micro-CHP devices built on combustion engines, which were designed to move heavy vehicles from one location to another, have mechanical efficiency ratings of around 35%. Stirling micro-CHP engines have mechanical efficiency ratings of around 12% and produce more heat than power.
“Our micro-CHP uses a steam engine with a patented process enabling us to overcome the principle limitations of using a steam engine for micro-CHP” stated GasDecEngine CEO and founder Heiko Beilfuss.
It is powerful enough to be able to provide energy for small businesses, such as nursing homes, schools and hospitals, as well as for larger homes. The first models will be able to use natural gas, propane or biodiesel in a more efficient way than existing solutions. In the future, it will be able to also accept sustainable energy sources, such as wind, solar and geothermal.
“It truly is the Toyota Prius of home power generation,”
A thermodynamic engineer who spent many years as a product manager developing automobile parts used by the German automobile industry, Mr. Beilfuss has an expertise in designing products and getting them to market. He also has experience in preparing companies to become acquisition targets.
The Indiegogo campaign, which is running from 19. June to 03.August 2014, allows people interested in supporting the GDE engine to receive a variety of perks. At the lower levels, GDE will pay supporters the equivalent amount of money from generating a few kilowatts of power for a year or more. At the higher end, donors can receive a blueprint to design their own engine or all the parts to build their own engine. The highest level donors will receive a fully built micro-CHP.
Visit http://www.gdetech.no to contribute to the campaign or (enter GDE website) for more information.
About GasDecEngine AS: GasDecEngine was founded by Heiko Beilfuss in 2011 to research, design and develop ultra-high efficiency engines designed to improve energy efficiency and lower overall energy costs using two international patents.
GasDecEngine Technology AS
GasDecEngine Technology AS