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RELOTOR

RELUCTANT ELECTRIC MOTOR

Total Cost €

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EC-Contrib. €

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Partnership

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 RELOTOR project word cloud

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

17       fall    dependent    global    energy    lower    rising    magnet    grow    roi    integrators    fluctuations    profit    earth    electricity    cleaner    pm    search    induction    box    mandatory    projected    buyers    power    electronic    demonstration    extra    gear    devised    permanent    coupled    68    motors    vfd    expensive    sources    89m    meet    worldwide    drives    translating    green    sustainably    turnover    anticipate    price    predominantly    size    35m    2016    2021    rates    china    speed    rare    output    66    simel    manufacturers    2b    independent    population    magnets    synchronous    2025    ideal    generate    expanding    escalating    5th    cagr    slow    susceptible    127    ac    viability    competitive    electric    solution    fixed    annually    45    2035    anticipated    market    performance    motor    85    function    annual    technologies    frequency    commercialisation    demand    efficient    single    improvement    company    3b    efficiency    alternative    relatively    95    relotor    ready    industrial    turn    strategy    immature    outline    ventilation   

Project "RELOTOR" data sheet

The following table provides information about the project.

Coordinator
SOCIETA INDUSTRIALE MOTORI ELETTRICI S.I.M.E.L. SPA 

Organization address
address: VIA CENTO 6B
city: VIGARANO
postcode: 44049
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 Italy [IT]
 Project website https://www.simelmotors.com/en/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-05-01   to  2019-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SOCIETA INDUSTRIALE MOTORI ELETTRICI S.I.M.E.L. SPA IT (VIGARANO) coordinator 50˙000.00

Map

 Project objective

Demand for electricity is anticipated to grow worldwide by 2.3% annually to 2035 due to expanding industrial activity to meet the rising population needs. To meet escalating energy needs sustainably, development of cleaner energy sources would be ideal, but green technologies are relatively immature or adopted at very slow rates. An alternative solution is mandatory efficiency improvement in electric motors, the largest single consumer of electricity, using 45% of global energy. We at Simel S.p.A, manufacturers of AC induction motors, identified the need to develop high efficient motors for fixed speed applications. Currently, permanent magnet, PM motors can reach up to 95% efficiency but are dependent on rare earth element magnets predominantly controlled by China, to achieve such performance. With these crucial elements susceptible to price fluctuations coupled with projected 7.3% rise in annual demand, motors could be expensive for turn-key integrators. While electric motors independent of magnets have been developed, they still fall short in terms of: lower efficiency of 85%, large size for the same power output as a PM motor, depend on electronic variable frequency drives, VFD to function, which use extra energy. We therefore developed RELOTOR, a synchronous motor with efficiency of 95%, without the need of rare earth element magnets or VFD, making it a cost competitive solution, for ventilation and gear box manufacturers, our target buyers. The market for electric motors is expected to grow €68.2B in 2016 at a CAGR of 7.3% to €127.3B in 2025. Phase 1 will be used to assess technical viability of RELOTOR and development of exploitation strategy as well as search for demonstration and commercialisation partners. An outline of for Phase 2 activities to get RELOTOR market ready by 2021 will be devised. For the company, we anticipate RELOTOR will generate a turnover of €17.35M and profit of €9.89M translating to a ROI of 2.66% by the 5th year on the market.

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

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