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Hot chips SIGNED

Waste heat recovery for industrial heat intensive processes

Total Cost €

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EC-Contrib. €

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Partnership

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 Hot chips project word cloud

Explore the words cloud of the Hot chips project. It provides you a very rough idea of what is the project "Hot chips" about.

commercial    250    moderate    countries    co2    plastic    jobs    mt    iere    solution    wood    business    ect    waste    segment    deep    y3    drying    sales    alone    opportunity    first    billion    fill    emission    national    compressor    company    industry    16    university    11    industrial    aviko    twh    210    energy    rotary    delivering    gas    annual    patented    report    63    disruptive    150    pumps    full    hthp    integrate    profit    consisting    vast    stuttgart    global    industries    consumption    12    asia    200    temperature    25    4400    vane    maturing    mature    hpht    whr    integrating    initial    19    america    corresponding    heat    pilot    pacific    fries    worldwide    pump    french    north    totals    potato    calculated    international    frying    temperatures    producer    oc    recovery    completion    compression    70    market    lines    gap    paper    frozen    tocircle    suitable    evaporative    food    fossil    petrochemical   

Project "Hot chips" data sheet

The following table provides information about the project.

Coordinator
TOCIRCLE POWER SYSTEMS AS 

Organization address
address: ORNESVEIEN 3
city: GLOMFJORD
postcode: 8160
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Norway [NO]
 Project website https://www.theexplorer.no/solutions/Tocircle-World-class-technology-for-waste-heat-recovery/
 Total cost 3˙944˙847 €
 EC max contribution 2˙500˙000 € (63%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-2-2016-2017
 Funding Scheme SME-2
 Starting year 2018
 Duration (year-month-day) from 2018-05-01   to  2020-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    TOCIRCLE POWER SYSTEMS AS NO (GLOMFJORD) coordinator 2˙500˙000.00

Map

 Project objective

The proposal addresses the initial exploitation of a vast business opportunity for waste heat recovery (WHR) in industrial processes worldwide. 12-25% of national energy consumption in industrial countries is used for drying, one of many processes suitable for WHR. The industries paper, petrochemical, food, wood and plastic have a moderate calculated potential need of 4400 high temperature heat pumps (HTHP) delivering heat between 100 and 150 oC in Europe alone. There is a technology gap in the market for heat pumps delivering temperatures between 100 and 200 oC according to a comprehensive report from IERE (Stuttgart University), a necessity to fully exploit the vast potential in industrial processes. Tocircle is maturing its compressor and integrating it in a High Temperature Heat pump (HTHP) to fill this gap. The first process to address is the European potato frying industry consisting of 250 known frying lines. Their energy (gas) consumption totals 8 TWh a year at a value of 210 M€. The corresponding emission is 1.5 Mt CO2. A reduction in fossil consumption by 70% can be achieved by integrating a HTHP in the deep-frying process. The global market value of frozen French Fries is about 19 billion $ with Europe as the largest market, then North-America and Asia-Pacific. They represent the growth path for our potato frying solution. Commercial objectives: Tocircle will reach annual HTHP sales of 63 M€ in Y3 after project completion, a profit of 16 M€ and creating 100 new jobs in Europe from the European potato frying segment alone. Technical objectives: to mature Tocircle’s patented rotary vane compressor using Evaporative Compression Technology (ECT), to integrate an ECT compressor package into a full-scale pilot HTHP system and to demonstrate the solution at one of 11 frying lines of company Aviko, a major international French fries producer. ECT is a disruptive technology allowing the HPHT to deliver temperatures up to 200 oC

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The information about "HOT CHIPS" are provided by the European Opendata Portal: CORDIS opendata.

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