Project description
Innovative technology for low-grade waste heat recovery
We currently waste approximately 70 % of all produced energy as heat, affecting the carbon footprint, operational costs, and the environment. However, waste heat recovery systems are not feasible at temperatures below 90 °C. The EIC-funded ZiGrid project strives to generate electricity from heat flows as low as 60-90 °C. The technology uses a unique volumetric solution and a 25 kW power module, facilitating efficient recovery of low-grade waste heat. Power modules can be interconnected to generate electricity and integrated with an IoT platform that offers users valuable business insights. ZiGrid is particularly well-suited for the power and processing industries. The ZIGRID-as-a-Service business model aims to mitigate the user’s investment risk and achieve profitable operations as early as 2028.
Objective
While our planet face huge challenges to meet fossil free energy supply, we waste 70% of all produced energy as heat which not only has a direct impact on the carbon footprint and costs of operation in energy intensive industries, but also on thermal pollution to the local environment. The waste heat recovery systems that make up a $55.2B market are not economically viable <90C. This is the gap ZIGRID aims to fill with a patented unique volumetric solution that can produce electricity from heat flows as low as 90-60C. At the heart of our technology is the 25 kW power module with a unique and robust thermodynamic cycle, insensitive to variations in the energy flow, that enables the most efficient low-grade waste heat recovery to date producing as a little as 4,3 grCO2/kWh. Power modules are connected to each other to produce electricity in cascading steps and connected to an IoT platform which allows the user to gain access to 360 business insights on electricity production.
Together these features make ZIGRID ideal to produce electricity in power and processing industries. The ZIGRID-as-a-Service business model aims to de-risk the investment for the user by monetizing customer savings on (i) power consumption (ii) CO2 emission tariffs (iii) grid tariffs and (iv) avoided cooling costs while maintaining product ownership with ZIGRID thus avoiding customer decision inertia and enable the direct sales of ZIGRID power modules and reach profitable operations as early as 2028. We are requesting 2.5M in grant funding and 9M in equity from the EIC in order to test the different size configurations of the power module, its functionalities in real environments with end users from the hydrogen and paper and pulp industries, enhance our IP protection. Funding from the EIC will allow us to address the recovery of 37,000 TWh of low grade waste heat and thus the saving of 40 tons of CO2/year/~150 MWh of electricity produced, a tangible investment opportunity.
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.
- natural sciences computer and information sciences internet internet of things
- natural sciences physical sciences astronomy planetary sciences planets
- natural sciences earth and related environmental sciences environmental sciences pollution
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
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.
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HORIZON.3.1 - The European Innovation Council (EIC)
MAIN PROGRAMME
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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.
HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance
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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) HORIZON-EIC-2023-ACCELERATOR-01
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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.
713 30 NORA
Sweden
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.