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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.

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

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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