The feasibility assessment was dedicated to prepare the commercialisation of the super-low temperature ORC based μCHP system and elaborate a detailed business plan. In particular it
• identifies market areas, target countries and the specific target groups
• develops exploitation routes for fast European/international commercialisation
• identifies potential pilot customers for product demonstrations
As a result of the feasibility study the technology was technically improved to allow operation in hotter regions (Southern Europe), but also to cope with climate change effects. We investigated the details of customer needs and expected market structures, proves the technical and economic viability of the technology and prepared technical requirements, product documentation and data sheets. The market segments were refined, set and prioritized. Target countries in Europe with high market potentials were identified. An assessment of local competitors, products, markets, regulations and strategies, as well as the identification of potential partners and stakeholders has been realised. We found two strategic cooperation partners for future commercialisation and identified various potential pilot customers for future demonstrations. A costs and benefits analysis, updated growth figures and a marketing and exploitation strategy derived from our activities. A European patent has been filed for IP protection.
Our detailed analysis have led to the conclusion that COOL POWER has a high exploitation potential and can be used in many other applications and markets beside food cooling.