TEM SIGNED

Project "TEM" data sheet

The following table provides information about the project.

 Partnership

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Map

 Project objective

Problem. Industrial and commercial refrigeration equipment consume large amount of electricity for its functioning (around 35-50% of the total consumption of each supermarket building) also due to the inefficiency of its control. At EU level it is estimated that approx. 117 TWh/year are consumed by refrigerated cabinets. This has a strong impact on the environment too. About two-thirds of greenhouse gas emissions are caused by energy consumption. Current equipment includes dry or flooded evaporators that are inefficient, complex and expensive.

Solution. Our innovation, TEM, is a control system for new and existing industrial and commercial refrigeration appliances (retrofit) that combines TEKLAB high technology and proprietary algorithms. TEM saves up to 15% of energy consumption (17,25 TWh/year) reducing some 14,15 million CO2 tonnes and generating economic savings of 1,725 billion €/year during operation. TEM project also aims at reducing refrigerant charge, together with system complexity and manufacturing cost of refrigeration equipment.

Opportunity. The total HVACR market is currently estimated in €68.4 billion and will continue to grow generating revenues of €92.34 billion by 2020. End users in the food retail sector (supermarkets, hypermarkets, convenience shops, etc.) will benefit from a cost-effective, reliable and easy to install control system with a quick investment payback period (1.5 years).

Our Company. TEKLAB, based in Modena (Italy), is specialized in liquid level sensors and controllers in the refrigeration market with over 25 years’ experience. We strongly believe that the contribution from the EC will be the necessary boost to allow us to optimize and commercialize our TEM product and the turning point for scaling up our Company.

Outcomes. TEM would bring a long-term profitability for our company. We expect to significantly increase total delivery of units (with 3 years ROI of 2.86 / 5 years ROI > 10) and generating new job positions.