From the work carried out along phase 1, the need of improve thermal energy processes in industrial networks has been confirmed. The industrial sector has important demands to improve their thermal energy consumptions. The heat used in industries it has different levels of temperature demands depending of the processes. The most of the industries are not interconnected therefore do not can use thermal heat in cascade (from the higher to the lower level of temperature), therefore an important part of the heat can be wasted. Moreover most of source of heat in the industry sector is coming from fossil fuels that produce CO2 and it hazard the environment.
Nowadays, according the base case of feasibility study, the consortium is working to build a demonstration project in Europe. It will support the results of feasibility study completed in the base case and it will set the foundations to undertake phase 2 of the project. Development of the product in Phase 2 will last 18 months, after this time the product will be ready to be introduced into the target markets. In Phase I, consortium has confirmed business model and strategy that indicates the overall profitability of SMITH.