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Hot chips SIGNED

Waste heat recovery for industrial heat intensive processes

Total Cost €

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EC-Contrib. €

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Partnership

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 Hot chips project word cloud

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

sales    totals    business    maturing    french    delivering    4400    potato    emission    200    compressor    disruptive    completion    moderate    industry    segment    calculated    evaporative    fill    industrial    report    mature    vane    vast    temperatures    lines    worldwide    hthp    patented    150    university    full    global    opportunity    countries    heat    mt    19    asia    aviko    market    integrating    11    international    25    recovery    63    hpht    paper    first    210    gap    fossil    north    consisting    frying    suitable    compression    oc    plastic    whr    ect    twh    consumption    integrate    tocircle    solution    waste    producer    billion    deep    70    annual    national    pilot    industries    co2    profit    drying    iere    pump    jobs    gas    frozen    food    fries    temperature    rotary    wood    initial    16    commercial    pumps    alone    corresponding    stuttgart    pacific    250    y3    12    america    company    petrochemical    energy   

Project "Hot chips" data sheet

The following table provides information about the project.

Coordinator
TOCIRCLE POWER SYSTEMS AS 

Organization address
address: ORNESVEIEN 3
city: GLOMFJORD
postcode: 8160
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 Norway [NO]
 Project website https://www.theexplorer.no/solutions/Tocircle-World-class-technology-for-waste-heat-recovery/
 Total cost 3˙944˙847 €
 EC max contribution 2˙500˙000 € (63%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-2-2016-2017
 Funding Scheme SME-2
 Starting year 2018
 Duration (year-month-day) from 2018-05-01   to  2020-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    TOCIRCLE POWER SYSTEMS AS NO (GLOMFJORD) coordinator 2˙500˙000.00

Map

 Project objective

The proposal addresses the initial exploitation of a vast business opportunity for waste heat recovery (WHR) in industrial processes worldwide. 12-25% of national energy consumption in industrial countries is used for drying, one of many processes suitable for WHR. The industries paper, petrochemical, food, wood and plastic have a moderate calculated potential need of 4400 high temperature heat pumps (HTHP) delivering heat between 100 and 150 oC in Europe alone. There is a technology gap in the market for heat pumps delivering temperatures between 100 and 200 oC according to a comprehensive report from IERE (Stuttgart University), a necessity to fully exploit the vast potential in industrial processes. Tocircle is maturing its compressor and integrating it in a High Temperature Heat pump (HTHP) to fill this gap. The first process to address is the European potato frying industry consisting of 250 known frying lines. Their energy (gas) consumption totals 8 TWh a year at a value of 210 M€. The corresponding emission is 1.5 Mt CO2. A reduction in fossil consumption by 70% can be achieved by integrating a HTHP in the deep-frying process. The global market value of frozen French Fries is about 19 billion $ with Europe as the largest market, then North-America and Asia-Pacific. They represent the growth path for our potato frying solution. Commercial objectives: Tocircle will reach annual HTHP sales of 63 M€ in Y3 after project completion, a profit of 16 M€ and creating 100 new jobs in Europe from the European potato frying segment alone. Technical objectives: to mature Tocircle’s patented rotary vane compressor using Evaporative Compression Technology (ECT), to integrate an ECT compressor package into a full-scale pilot HTHP system and to demonstrate the solution at one of 11 frying lines of company Aviko, a major international French fries producer. ECT is a disruptive technology allowing the HPHT to deliver temperatures up to 200 oC

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

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