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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.

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

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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