Objective
The Maritime industry is in a frantic search for ways to design and operate marine vessels that generate less CO2 and further modify the existing fleet to reduce emissions. The Maritime industry accounts for 3% of global emissions which will continue to rise to 5% by 2050 if the old propulsion technology does not improve. PerMarDrive is a marine propulsion system being developed to address maritime emission through reducing fuel consumption by 15% and lowering vessel maintenance costs by 50%. PerMarDrive includes our Permanent Magnet AC motor, which offers incomparable speed (2300RPM) within mid-high power range (up to 1000KW) applications that will be coupled with an innovative integrated clutch drive. PerMarDrive is envisaged to be sold for 250k€ and 600k€ for the smallest to the largest respectively. Once commercialised, PerMarDrive will enable TEMA to generate cumulative revenues of €69.6M by 5th year in product commercialisation, from a market expected to grow to €10, 9 billion at CAGR of 10% by 2024. We expect to clinch to 0,14% of the global Hybrid Marine Propulsion Systems market by the year 2023. In Phase 1 we will validate PerMarDrive prototype, develop Intellectual Property strategy, and carry out a market study, search and recruit partners and draft a business plan. In Phase 2, we will finalise the scale-up, demonstration, design and operability of PerMarDrive to match the requirements of the targeted customers.
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 materials engineering amorphous solids amorphous semiconductors
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering control systems
- engineering and technology environmental engineering air pollution engineering
- engineering and technology environmental engineering energy and fuels
- engineering and technology mechanical engineering vehicle engineering naval engineering sea vessels
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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.
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H2020-EU.3.4. - SOCIETAL CHALLENGES - Smart, Green And Integrated Transport
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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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.
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.
SME-1 - SME instrument phase 1
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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.
(opens in new window) H2020-SMEInst-2014-2015
See all projects funded under this callCoordinator
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.
52100 PULA
Croatia
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
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.