TOTAL BUDGET
1.978.750 €
EU Contribution
1.385.125 €
DURATION 2 YEARS
IN PROGRESS
1.978.750 €
1.385.125 €
IN PROGRESS
Today heavy industries are losing 20-40% of the energy they consume through waste heat. Above 200°C, these losses represent each year more than 4,000 TWhth, €200bn and 2,500 Mt CO2 unlessly emitted. Waste heat recovery solutions have emerged: they offer massive potential in costs/energy savings as well as reduction of environmental impact. However, due to financial viability, existing solutions are mainly implemented for large industries & not compatible with all types of processes. Main challenge is to offer reliable, efficient & affordable heat recovery solution with reduced CAPEX & OPEX.
Our solution is based on 3 innovative concepts
The elaboration of ceramics from industrial wastes, such as refractory ceramics for thermal storage.
The implementation of those ceramics in a thermal energy storage unit Eco-Stock®.
The financial scheme design facilitating & de-risking the customer purchase, based on ESCO investment.
This solution solves one of the main challenges of the industry—increasing energy efficiency while reducing CO2 emissions & saving money. Waste heat recovery is a global multisector market: 50,000+ industrial sites in various sectors are concerned & thousands of EcoStock units could be sold. The market size of waste heat recovery systems was €39.3bn in 2015, projected to reach €58.8bn by 2021. It is a high-volume market underexploited because of high CAPEX & low flexibility of existing solutions. To reach the commercialisation objective, the Phase 2 project budget is €1.9M for 24 months.
Follow the progress of the project here. Page updated at least quarterly.
THE PROJECT
The main objective of this project is to demonstrate the Eco-Stock®, a waste heat recovery solution through thermal storage, in a real environment at an European heavy industry production site. For this purpose, the Eco-Stock will be adapted to industry tunnel kilns specifications.
Basic then front-end engineering design are being performed to fit the demonstration site specifications. Then, in quarter 2, Eco-Stock manufacturing and digitalisation tools will be launched.
Coming Soon
AN INITIATIVE OF THE EUROPEAN COMMISSION
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