Periodic Reporting for period 1 - URBAVENTO (An innovative, small footprint, vertical axis wind turbine for decentralized energy-production designed for urban areas, which is cheap to maintain and ensures energy production even at low wind speed)
Período documentado: 2015-09-01 hasta 2015-12-31
NE21 aims to increase the amount of private households and small scale energy producers, municipalities and local administrations across the European Union able to use small-wind turbines to supply their energy, making them as an equally viable and cost-effective solution as solar and photovoltaic panels. By the increasing amount of installed wind power across the EU, UrbaVento will contribute to the implementation of smart grids along with making a significant contribution to lowering dependency on traditional means of energy generation and subsequent emissions produced.
The Phase 1 Feasibility Study has allowed NE21 to enhance their knowledge of the existing technologies and competition, the existing small wind turbine regulations and standards, as well as to establish the certification plan. NE21 also analysed planning and installation requirements for small wind turbines and together with the project partner prepared the installation plan and guidelines. In addition, NE21 prepared the industrialization plan and secured the manufacturer for the turbine wings manufacturing and the turbine assembly. Within the Feasibility Study, a detailed assessment of the market size, customer segments and competitors was carried out. NE21 carried out a particularly focused analysis of the small wind turbine potential in the UK and established a viable business model for the UK and Europe.
The Feasibility Study also showed that the UrbaVento turbine will have a rapid market penetration and will reach a BEP in the second year. NE21’s asset light business model avoids massive capital investment and enables the rapid scale-up of UrbaVento’s manufacturing and distribution. But to achieve NE21 desired goal and become the leaders in small wind turbines, the technology must be optimised for reductions in costs of materials, efficiency and the aesthetic delivery.
The Feasibility Study also showed that the UrbaVento turbine will have a rapid market penetration and will reach a BEP in the second year. NE21’s asset light business model avoids massive capital investment and enables the rapid scale-up of UrbaVento’s manufacturing and distribution. But to achieve NE21 desired goal and become the leaders in small wind turbines, the technology must be optimised for reductions in costs of materials, efficiency and the aesthetic delivery.
UrbaVento innovation business project aims to significantly contribute to competitive, secure and sustainable energy principles, thus fulfilling today’s need for green, cheap and reliable energy generation solutions. The expected outcome of the project is a high efficiency and pleasant design turbine tested, qualified and certified in a wind tunnel and a large-scale international pilot test (at least 15 installations) in the operational environment. The UrbaVento turbine will have a capacity to work efficiency even at low wind speed (2.7m/s) without creating additional noise in the surrounding area. The final outcome of the project is to start the full commercialization of the UrbaVento turbine in Europe.