Explore the words cloud of the GreenDrive project. It provides you a very rough idea of what is the project "GreenDrive" about.
The following table provides information about the project.
|Coordinator Country||United Kingdom [UK]|
|Total cost||71˙429 €|
|EC max contribution||50˙000 € (70%)|
1. H2020-EU.3.4. (SOCIETAL CHALLENGES - Smart, Green And Integrated Transport)
2. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
|Duration (year-month-day)||from 2016-08-01 to 2016-11-30|
Take a look of project's partnership.
|1||ECOMFM LIMITED||UK (LONDON)||coordinator||50˙000.00|
|2||EQUIMER SARL||FR (RUEIL MALMAISON)||participant||0.00|
|3||ITALTEK SRL||IT (ROMA)||participant||0.00|
Commercial ship owners are currently facing two significant problems that in future will increase in their magnitude: the high price of fuel being the most significant cost on a ship profit & loss statement (up to 70%); and imposed regulations and restrictions to lower the emissions produced by commercial ships. Ecomfm’s GreenDrive technology is a unique patent pending molecular fuel modifier device that, through its “cleaning process” via applying electric fields to the fuel, reduces liquid hydrocarbon fuel (diesel, fuel, oil) consumption in ships combustion engines by up to 10%. Moreover, GreenDrive is able to reduce emissions produced by 30% while at the same time reduce running costs related to maintenance of the ship’s engines and parts by 20%. The device can be easily and quickly installed onto both new engines and as a retrofit on to already in service ship’s engines. Thanks to both cost savings made in reduced fuel consumption and maintenance, GreenDrive has a payback period of less than one year. GreenDrive technology has been developed and demonstrated on various transport-related applications (automotive, trucks, auxiliary diesel generators, railway heating stations and boilers), achieving a TRL 7; however the SME inventor Ecomfm now seeks funding to perform a full feasibility study on: undertaking further demonstration through a large scale pilot on ships; necessary steps needed to gain EU certification; a strategy for fully commercialising the product.
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The information about "GREENDRIVE" are provided by the European Opendata Portal: CORDIS opendata.
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