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Report

Teaser, summary, work performed and final results

Periodic Reporting for period 1 - helioSTEAM (A novel concentrated solar steam system for industrial applications with a high degree of pre-manufacturing at extremely low prices.)

Teaser

Summary

Fresnex GmbH has developed a cheap and easy-to-install solar mirror system that concentrates the solar radiation onto a receiver, generating steam directly in the receiver. The steam is used in existing industrial steam systems for production in various industry segments. The technology works as a fuel saver technology by reducing energy costs, dependency on oil and gas and CO2 emission of its customers.

In order to better understand the market needs and to gain customer contacts, Fresnex performed a customer survey and address technical and financial topics as H2020 phase one project.

Work performed

Fresnex visited 40 potential customers in the 4 countries Spain, Italy, Greece and Austria and validated their interest in the new technology. By exploring the existing steam system and the business case of a potential solar steam augmentation project valuable knowledge was gained. Payback periods, and other technical and financial parameters were derived for each one of the 40 cases.

Final results

Through a patented innovation Fresnex GmbH will be able to significantly reduce the system costs compared to existing technologies while parallel reducing the complexity of integration. Due to the lower investment costs, projects are now financial attractive, opening up a huge market. In Portugal, Spain, Italy and Austria together about 5,5 TWh could be switched to solar with even more potential in South Africa, Mexico, US, and many other countries. The results of the survey underpin the assumptions made in the market estimation prior to this project.