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Business Case Development for High-Temperature Thermal Battery Integration in the Industrial Sector

Project description

A commercial case for thermal battery technology

Building on an innovative thermal battery technology, the EIC-funded THERMOCASE project aims to establish a business case for this technology, focusing on its application in high-temperature industrial heat processes. The goal is to demonstrate the commercial potential of the technology through engagement with potential users, comprehensive cost assessments, and a thorough exploration of market dynamics. THERMOCASE adopts a customer-centric approach to ensure the technology aligns with market requirements, preferences, and behaviours. The project also assesses scalability and replicability. The anticipated impact is substantial, including decarbonisation, enhanced energy efficiency, and the development of a sustainable market for high-temperature heat solutions. Overall, THERMOCASE bridges innovative technology with practical market implementation.

Objective

The THERMOCASE project is dedicated to crafting a robust business case for the thermal battery technology developed within the EU-funded THERMOBAT project, with a primary focus on applications in high-temperature industrial heat. Its fundamental objective lies in validating the commercial potential of this technology through meticulous engagement with prospective end-users, comprehensive cost assessments, and an in-depth exploration of market dynamics. Employing a customer-centric approach, THERMOCASE ensures that the technology seamlessly aligns with market requirements, preferences, and behaviors. Furthermore, the project aims to assess scalability and replicability, potentially catalyzing a transformation in the industrial energy landscape. The expected impact is substantial, encompassing decarbonization, greater energy efficiency, and the emergence of a sustainable market for high-temperature heat solutions. In essence, THERMOCASE serves as a bridge between groundbreaking innovation and practical market implementation, offering not only cleaner and more cost-effective industrial heating but also significant progress towards advancing Europe's environmental and sustainability objectives.

Fields of science (EuroSciVoc)

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Keywords

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Programme(s)

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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.

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.

HORIZON-CSA - HORIZON Coordination and Support Actions

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-EIC-2023-BOOSTER-IBA-01

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Coordinator

THERMOPHOTON SL
Net EU contribution

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.

€ 49 982,06
Address
C CHILE 10
28290 Las Rozas de Madrid
Spain

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Comunidad de Madrid Comunidad de Madrid Madrid
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

No data
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