The following table provides information about the project.
INRAY OY LTD
|Coordinator Country||Finland [FI]|
|Total cost||1˙699˙055 €|
|EC max contribution||1˙189˙338 € (70%)|
1. H2020-EU.3.3. (SOCIETAL CHALLENGES - Secure, clean and efficient energy)
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 2016-10-01 to 2018-09-30|
Take a look of project's partnership.
The goal is to realize the global market opportunity related to a disruptive real-time solid biofuels quality control and optimization solution created, tested and proven by INRAY Ltd in cooperation with industrial anchor customers since 2009. The innovation enables biomass power plants to replace the current manual sampling method by real-time assessment and optimization of fuel handling and combustion, producing concrete value and savings both to a vast body of industrial customers and the society at large.
For the entire EU’s bioenergy production, the OPTIFUEL solution could produce 1.5 Billion Euros in annual savings and decrease greenhouse gas emissions by 0,5-3,0 Million tons. OPTIFUEL also enables more effective use of local low quality biofuels, which would increase EU’s self-sufficiency in biofuels. For a mid-size biomass power plant, OPTIFUEL produces up-to 1 Million Euros in annual savings.
Work performed, outcomes and results: advancements report(s)
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The information about "OPTIFUEL" are provided by the European Opendata Portal: CORDIS opendata.
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