ABI Energy SIGNED

Project "ABI Energy" data sheet

The following table provides information about the project.

 Partnership

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 Project objective

ABI Energy has developed an Energy Efficiency Technology that is unique in its ability of continuous automatic dynamic optimization of the interaction between flow turbulence, and generating pressure perturbations propagating through the flow along the pipeline. By providing this minimal hydrodynamic resistance of the transporting process, we enable savings of 30% in energy. The product is designed in a modular concept. It consists of three separated and interconnected components/systems: PWG, Control Block and Measuring Instruments. The PWG is connected parallel to the pump, and designed for the given flow and pipeline parameters. Once operating, our product generates immediate pressure waves in the discharge pipeline and as a result, immediate electricity consumption reduction by the pump. Pumps are an enormous energy consumer in global water, oil, and gas markets. The estimated electricity consumption by pumps is 240 terawatt hours (TWh) a year, representing 20% of total global energy consumption. One of the major energy loss factors in pumping and fluid transportation is due to turbulent friction in the pipeline. This is also known as friction loss or head loss. In this project, we will first focus on the water sector, as the pain of inability to cover OPEX is substantial and water utilities are actively seeking to improve efficiency. ABI Energy projects that it will be entering the commercial market within two years of this project’s completion where technological and market feasibility will be firmly established through a pilot run together with Mekorot – Israel’s water utility. We will be applying for SME phase two funding, as well as recruiting funds from private investors and Israeli government grants. We expect that three years from end of phase 2, we will have hundreds of installations globally, with expected revenues of $20M a year and above. We will also start sales in oil and gas sectors.