EU provides 3 million 500 Thousand Euros of incentive funding for the projects of Zorlu Energy

EU provides 3 Million 500 Thousand Euros of incentive funding for the projects of Zorlu Enerji. 

Within the scope of the Horizon 2020 Framework Programme, the largest research and innovation program in the EU, Zorlu Enerji received 3 million 5 thousand Euros of incentive funding for 6 different projects developed by its own engineers.

Sinan Ak - CEO of Zorlu Enerji- said, "We are proud to be a globally referenced company in the energy sector. This incentive funding given by the EU is an indication that we are on the right track. ”

With its investment in R & D, Zorlu Enerji has transferred its know-how to projects which involved international collaborations and became the gateway of Turkey to energy. Zorlu Enerji, continuing its activities with a view to being a reference in the industry, attracted the attention of the European Union thanks to the R & D projects developed by its own engineers. Within the scope of the Horizon 2020 Framework Programme to initiated between the years of 2014-202, the largest research and innovation program in the EU, Zorlu Enerji received a total of 3 million 5 thousand Euros of incentive funding for 6 different projects developed by its own engineers. Particularly, the new applications developed in the field of geothermal energy are the first of a kind in the world.

Sinan Ak, CEO of Zorlu Enerji, stated that they were happy to take part in the projects developed by young engineers from different countries of Europe, specialized companies, educational institutions and reputable companies. "We are proud to be a globally referenced company in the energy sector. This incentive funding provided by the EU is an indication that we are on the right track" said Mr. Ak, and continued his speech that they will continue to pursue their short, medium and long term plans especially in line with their growth targets in renewable energy.

The projects which received incentive funding…

Zorlu Enerji was entitled to 3 incentive pays by the EU thanks to the projects developed in the geothermal energy field. The first one to mention is GECO, which intends sustainable management of natural mineral resources. The project which only Zorlu Enerji and the Middle East Technical University are involved in and executed by a total of 18 institutions from countries such as France, England, Italy, Iceland, Germany intends to promote implementation of international practices with focus on reduction of emissions to zero, properly disposing of carbon dioxide and similar gases for ensuring sustainability in geothermal areas.

 "GeoSmart Project", which aims energy storage and for which Geothermal Power Plant Kızıldere 1  is designated as a demo site, is just another project to which AB provides incentive funding. With this project, it is aimed to maintain the efficiency without any interruptions in transmission of electricity to the grid with a view to storing the energy required for the continuation of electricity production in case of instant power cuts and high electricity requirements, and generating electricity and heat.

GeoPro was the third project to receive incentive funding from the EU, in which the method previously applied only in the oil sector was adapted for geothermal.  Thanks to the planned method in the project, which features to be the first of a kind in the industry, the characteristics of geothermal fluid will be monitored instantly with the software and models starting from the reservoir to the operation phase, thus, some of the time consuming laboratory applications will be integrated into the technology and time savings and productivity increases will be ensured.

Pioneer in electricity distribution

“We are supported by EU not only in the field of geothermal energy but also in the field of electricity distribution."  said Sinan Ak and also stated that they are happy to cooperate with the European Union in 3 projects which are closely related to the future of the energy sector.

Flexigrid project on distribution network for flexibility and retail market options will provide information on grid conditions and provide a transparent data management platform using Smart technologies.  

PlaMES project, in which the technological development for the planning of multiple energy systems is researched, aims to establish an optimized road map to meet carbon targets and renewable energy requirements at the transmission and distribution level by means of integrated planning to be developed.

The BD4OPEM project is the last one to mention about incentive funding. The BD4OPEM project, which allows the monitoring of big data for the open innovation energy market, aims to create the energy ecosystem of the future.