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Hot chips SIGNED

Waste heat recovery for industrial heat intensive processes

Total Cost €

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EC-Contrib. €

0

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.

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

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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