Periodic Reporting for period 1 - TEES (A high-efficiency energy storage system that captures energy generated from renewable sources, waste energy from industry, and solar radiation, in a compressed fluid and heat pump hybrid system.)
Reporting period: 2016-06-01 to 2016-09-30
Our project and product is the ThermaSphera Heat Amplifier, a high-capacity heat pump system that can produce temperatures more than twice what any competitor can use. This allows it to replace fossil fuel boilers which are regulated to ~116°C, and to perform heavy-duty work like preheating shot for plastic moulding, preheating moulds, pasteurisation, dehumidification, district heating, evaporation, distillation, drying, and providing heat for chemical reactions. It is a renewable resource that can also convert waste heat from an existing system to generate even more power.
The objectives we achieved during the project were securing a pilot site, establishing costs for a pilot unit, detailed financial projections, a regulatory strategy, an IP management strategy, marketing strategy, communication and dissemination strategies, and a decision to move forward with commercialising our product.
In conclusion, we have decided to move forward with an SME instrument Phase 2 application.
The objectives we achieved during the project were securing a pilot site, establishing costs for a pilot unit, detailed financial projections, a regulatory strategy, an IP management strategy, marketing strategy, communication and dissemination strategies, and a decision to move forward with commercialising our product.
In conclusion, we have decided to move forward with an SME instrument Phase 2 application.
We re-evaluated our product and business model, making a pivot from electrical energy storage to utilising our heat pump and heat battery to function as a powerful heat engine capable of generating working temperatures up to 240°C. We obtained service provider estimates for constructing a pilot site and secured a school in Ireland as a pilot site.
The state of the art in heat pumps simply cannot exceed 100°C, limiting it to 25% or less of industrial heat demand applications. We can exceed ranges of 240°C to access the 100-400°C demand range, replacing boilers and furnaces in certain applications. We do this as a renewable resource, with only one component of the system - the heat battery - not being recyclable.