Objective
"The objective of the Centric Reciprocating Compressor (CRC) project is to address and implement the findings of our SME Phase 1 Feasibility Study (GA#75626) to upscale, pilot, and commercialise our highly energy efficient, cost-effective, and lightweight air compressor targeting the nitrogen generator manufacturers in the maritime shipping sector. CRC offers annual energy savings of min. 30% and reduces operating costs in 35%. Besides, CRC is the first rotary reciprocal displacement air compressor in the market, representing a major breakthrough and our unique selling point (USP). If widely implemented across the EU, CRC can cut industrial GHG emissions in Europe in 17MT of CO2. Consequently, it will help solve the challenge of a more energy efficient industry, and contribute towards the climate change objectives set-out in the Europe 2020 strategy.
We have outlined a series of Commercialisation Objectives (COs) that build upon our validated technology and Feasibility Study. Achieving them will bring us to a wide market uptake across the EU and beyond:
1) Technology maturation objectives, to optimise CRC mechanical design prior to piloting and validation in real operating environment at end-user’s facilities. This will raise the TRL of our CRC technology from its current TRL6 to TRL8 (WP1).
2) Pilot and validation objectives, to demonstrate the economic performance, functionality, and user benefits through a large-scale piloting in industrial settings in collaboration with Air Products, elevating CRC from TRL8 to TRL9 (WP2).
3) Market maturation, communication, and innovation management objectives, enabling us to successfully bring CRC to the market and reach sales traction beyond Phase 2 (WP3, WP4, WP5 and WP6).
Through the CRC Phase 2 project we will significantly boost the growth in our company. We project to reach accumulated revenues of €67.81m generate at least 29 new full-time positions, and accumulate profits of €23.4m by year 5 post-project.
"
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology environmental engineering waste management
- social sciences economics and business business and management innovation management
- natural sciences physical sciences classical mechanics fluid mechanics fluid dynamics
- engineering and technology environmental engineering energy and fuels
- natural sciences earth and related environmental sciences atmospheric sciences climatology climatic changes
You need to log in or register to use this function
We are sorry... an unexpected error occurred during execution.
You need to be authenticated. Your session might have expired.
Thank you for your feedback. You will soon receive an email to confirm the submission. If you have selected to be notified about the reporting status, you will also be contacted when the reporting status will change.
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
-
H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
See all projects funded under this programme -
H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
See all projects funded under this programme -
H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
See all projects funded under this programme
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-2 - SME instrument phase 2
See all projects funded under this funding scheme
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
4900 Tvedestrand
Norway
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.