Finno Exergy Oy
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To reduce the environmental impact of power generation, aviation, and maritime transport, as well as ultimately to accomplish zero-emissions economy, Finno Exergy has developed a pressure gain system for gas turbines. Finno Exergy is the only company in the world that can offer a working Pressure Gain Combustion (PGC) system for gas turbines applications, capable of unlimited continuous operation while generating a remarkable amount of pressure gain. The PGC system allows the gas turbine to generate more power using less fuel, benefitting both the economy and the environment. In addition, our technology offers unprecedented fuel flexibility and facilitates the use of future carbon neutral fuels. The system can make use of mixed fuels based on their availability by the minute – for example, hydrogen produced by wind or solar power systems.
The market potential for Finno Exergy is immense with outlook of +120 B€ market.
Our business model has two layers: Revenue generated by our own product: 250 kWe unit for Combined Heat and Power (CHP) industrial applications with market entry in 2023. The second layer is licensing our technology in larger gas turbine applications with 7% royalty from gas turbine manufacturers.
Our expected revenue in 2025 is almost 32 M€ and is expected to grow to 206 M€ annual revenue by 2030.
For example:
Only one Boeing 747 could save yearly:
- 9 000 000 litres of fuel
- 3 860 000 € savings
- 22 400 tons of CO2 = 10000 cars off the road
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