EcoStock SIGNED

Project "EcoStock" data sheet

The following table provides information about the project.

 Partnership

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Map

 Project objective

Today heavy industries lose 20-40% of the energy they consume through waste heat. Above 200°C, these losses represent each year more than 4,000 TWhth, €200bn, 2,500 Mt CO2. 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 EcoStock. EcoStock is an efficient, affordable & low risk technology; - 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.