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HyKinetics SIGNED

An innovative axial turbine for conversion of hydro-kinetics energy to electricity in rivers and canals

Total Cost €

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EC-Contrib. €

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Partnership

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 HyKinetics project word cloud

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

acceptance    eu28    installation    downstream    agreements    methodology    ten    entry    customer    cosbi    competitively    power    12    axial    photovoltaic    generate    innovative    stations    river    designed    electricity    kinetics    electrification    owners    first    flowing    canals    clients    26    17    renewable    hydroelectric    accessible    total    big       micro    gt    limited    rivers    biomass    segment    market    optimization    kw    rural    stringent    hydropower    environmental    generator    gw    lt    patented    solar    amounts    demonstrated    validation    waterfalls    reduce    entering    minimum    hykinetics    sites    launch    presenting    plants    commercialization    visual    slovenia    standardized    industrial    geothermal    blades    turnover    energy    enter    players    twh    point    manufacturing    hydro    prototypes    dams    easily    huge    consumption    dam    certifications    constraints    technologies    annual    subjected    water   

Project "HyKinetics" data sheet

The following table provides information about the project.

Coordinator
COS.B.I. COSTRUZIONE BOBINE ITALIA S.R.L. 

Organization address
address: VIA ORTI 1
city: MILANO
postcode: 20122
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]
 Total cost 2˙192˙125 €
 EC max contribution 1˙534˙487 € (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-2018-2020-2
 Funding Scheme SME-2
 Starting year 2020
 Duration (year-month-day) from 2020-01-01   to  2021-12-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    COS.B.I. COSTRUZIONE BOBINE ITALIA S.R.L. IT (MILANO) coordinator 1˙534˙487.00

Map

 Project objective

HyKinetics is an innovative and patented 3-blades axial 20 kW micro hydroelectric generator, able to competitively exploit the hydro-kinetics energy of the flowing water, specifically designed for exploitation of renewable energy on rivers and canals, not using dams or waterfalls. HyKinetics is the first product on the market for micro hydropower sector (< 100 kW) able to achieve a Cost of Electricity of comparable with large hydro plants, solar photovoltaic, biomass and geothermal power technologies and presenting a very limited visual and environmental impact, very important for river applications, subjected to stringent environmental constraints. To enter the market with a standardized and easily accessible market, COSBI targets to address as entry point the installation to canals downstream of dam-based hydroelectric power stations, increasing production of existing large hydro power plants of >5%, i.e 17 TWh/year if applied in all hydropower plants in EU28 (the annual electricity consumption of Slovenia). The potential and acceptance of this market segment has been demonstrated by means of a Customer Validation methodology (discussion and agreements with big players owners of large hydropower plants). The Total Available Market of this segment in Europe amounts to 12.2 GW, able to generate a turnover of 26.8 B€. Then, after entering the market, COSBI will face the huge rural electrification sector, with a market potential of up to 40 B€. The objectives of the project are: 1) Manufacturing of ten 20 kW HyKinetics prototypes (Minimum Viable Product); 2) Installation and validation of the prototypes in real testing sites already selected; 3) Achieve the certifications needed for commercialization and optimization of industrial production to reduce cost of production ; 4) Increase market awareness and demonstrate results to potential clients for product launch just after the project.

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

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