geoKOAX

geoKOAX GmbH of Gräfelfing, Germany, wins the German Innovation Award for Climate and Environment 2015 (“Innovationspreis für Klima und Umwelt (IKU)”) for their innovative geothermal heat exchanger technology

21 January 2016
THE GERMAN FEDERAL MINISTRY FOR THE ENVIRONMENT, NATURE CONSERVATION, BUILDING AND NUCLEAR SAFETY AND THE FEDERAL ASSOCIATION OF THE GERMAN INDUSTRY (BDI, BUNDESVERBAND DER DEUTSCHEN INDUSTRIE E.V.) AWARDS GEOKOAX WITH THE GERMAN INNOVATION PRIZE FOR ITS TECHNOLOGY FOR COMPREHENSIVE UTILIZATION OF GEOTHERMAL ENERGY

Gräfelfing, January 21, 2016. geoKOAX GmbH and their partner, Aqua-Concept GmbH, are the winners of the German Innovation Award for Climate and Environment 2015 (“Innovationspreis für Klima und Umwelt (IKU)”) in the category Product and Service Innovation for Climate Protection. The jury awarded geoKOAX GmbH, a company located in Gräfelfing, near Munich, with the prize for their innovative geothermal heat exchanger technology which operates with heat exchangers placed in the ground at very low depths and which allow for a comprehensive utilization of regenerative energy for heating and cooling.

Germany’s Federal Minister for the Environment, Dr. Barbara Hendricks, Holger Lösch, Member of the Executive Board of the BDI and Prof. Dr. Klaus Töpfer, Chairman of the Jury, awarded the prize on January 20th at a festive evening gala. More than 230 guests witnessed when Jörg zu Dohna, CEO of geoKOAX GmbH and Dr. Andreas Detig of Aqua Concept GmbH, received the award in the Federal Ministry.

The patented geoKOAX heat exchanger generates close-to-surface geothermal energy using drilling depths of as little as 5 meters, 60% less than conventional systems. The minimal drilling depth in combination with the innovative volume heat exchanger enable geothermal projects in regions with restricted drilling depths (currently approx. 25%-30% of Germany’s total area) and in large construction projects with high heating and cooling needs on small pieces of land in densely populated urban areas. Even in sensitive areas such as highest grade water protection zones, where strict requirements apply to the brine fluids, geothermal systems can be employed due to a special biological heat transfer fluid produced by Aqua Concept GmbH.

The German Innovation Award for Climate and Environment (IKU) has been awarded by the Federal Association of the German Industry (BDI, Bundesverband der Deutschen Industrie e.V.) and the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB) for the past 5 years. A total of 14 innovative and sustainable projects in five categories had been nominated this year. The Jury’s decision is based on a scientific assessment of all applications, provided by the Fraunhofer Institute for Systems and Innovation Research (ISI).

“Winning this renowned prize is a tremendous success for our company and a confirmation that geothermal energy is perceived as key energy for heating and cooling. We also believe that we’ve taken a significant step towards the heat energy turnaround by providing a technology that allows utilizing geothermal energy over wide areas”, says Jörg zu Dohna, CEO of geoKOAX GmbH.

The IKU prize http://www.iku-innovationspreis.de/iku-innopreis/index.php is funded by the National Climate Protection Initiative from the German Federal Ministry for the Environment.

iku preisverleihung

The Company
geoKOAX GmbH, which is located in Gräfelfing, near Munich, provides complete solutions for close-to-surface geothermal energy extraction. Based on their experiences in over 1000 successful projects in Germany, Switzerland, the Netherlands, Serbia, Austria, Denmark, Slovenia and the Czech Republic, geoKOAX GmbH not only offers location studies but also provides planning, testing, implementing and monitoring. At present, the geoKOAX innovative geothermal exchange technology is the most efficient system for geothermal heat extraction on the market. With its patented geoKOAX heat exchanger, geothermal energy can be utilized at reasonable costs over wide areas, even in highly sensitive regions where drilling depths are restricted.

Contact
Henriette zu Dohna
Head of Press & PR
geoKOAX GmbH
Am Kirchenhölzl 13
82166 Gräfelfing
Email: h.dohna@geokoax.de
Mob.: 0176-24066941