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CORDIS

PROFITABLE LOW HEAD HYROPOWER

Objective

Water is one of the basic and essential human needs for almost all economic activities. The water management sector is facing global challenges that require multi-sector solutions. Small hydro energy plays a key role in power generation worldwide, but installing conventional turbines at a micro level is currently not very attractive because of the large initial investment and their low efficiency. Our “regenerative variable speed control system” works at variable speed. The installation time is between 1 and 2 days, reducing civil works by 80%. The pay back for the final clients (Mini-hydroelectric plants, Aquaculture Companies, Wastewater treatment plants) is 4 years. Our overall goal is to improve, integrate, implement and certify our current product. The final product will be capable of generating the maximum amount of electricity with a constant efficiency (75%) and will be further used as demonstrator plant for our customers worldwide. We have already completed the following feasibility actions: technological feasibility, work plan for Phase II and an assessment of the market, business model, risks, IP and created a Business Plan. By 2020,
small hydro power (SHP) is forecasted to produce 60 TWh per year in Europe with an installed capacity of 17.3 GW. This represents a potential SHP market of over € 6.35 million. Hence the importance to develop new technologies, to enhance existing plants and to build new ones. At Tecnoturbines and Sendekia, we see this as a challenging market opportunity, where our privileged strategic position will give us a competitive advantage to contribute to the expected growth of SHP and to position the SHP as one of the most profitable forms of energy. Based solely on the product validated in this project, we expect that we can increase our turnover significantly by 2020. This is based on our assumption that we can gain a 0.009% market share of the worldwide SHP by 2017 and to expand to 0.04 % by 2020.

Fields of science (EuroSciVoc)

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Programme(s)

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.

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.

SME-2 - SME instrument phase 2

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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) H2020-SMEInst-2014-2015

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Coordinator

TECNOTURBINES S.L.
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.

€ 625 068,50
Address
AVDA DE LOS PALACIOS 25
03179 FORMENTERA DEL SEGURA
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
Este Comunitat Valenciana Alicante/Alacant
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.

€ 892 955,00

Participants (1)

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