Objective
This project aims to significantly improve the competitive position of our SME foundry members within the SME-AG partner European Investment Casters’ Federation (EICF), Svenska Gjuteriföreningen (SG, Swedish foundry association), Croatian Chamber of Economy (CCE, with its Association of metalworks in Croatia that includes all foundries) and Foundry Association of the Basque Country and Navarre (AFV) by significantly cutting their operational and energy costs. At the same time we will benefit from the exclusive position to produce, commercialise and control the exploitation of an innovative cutting edge technology into the EU and worldwide markets. Also, important benefit is ecological improvement of our environment, e.g. less CO2 and heat disposal into atmosphere.
Hence with this paper we are proposing a product that will still remain profitable even with future lower electricity energy tariffs through incentives, resulting with estimated benefit and savings for the SME-AG members for each year/foundry of about 170kEUR/year with additional 600 tons of CO2 savings/foundry/year.
Therefore the strategic overall objective of the project is to develop a cost effective and low maintenance Waste Heat Recovery system for Power Generation in the Foundry Industry. The designed Waste Heat Recovery system (WHRS) will be based on ORC process, primarily attached to the waste heat sources within the foundry plants, ultimately to produce electrical energy and sell it directly to the power grids or use it for internal consumption purposes. One of the FoundEnergy secondary outputs is also production of hot water for various purposes and needs, including preheat of smelting components or housing hot water supply.
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 electrical engineering, electronic engineering, information engineering electrical engineering power engineering electric power transmission
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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.
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.
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.
FP7-SME-2011
See other projects for this call
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.
Coordinator
48160 DERIO BIZKAIA
Spain
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.