Periodic Reporting for period 1 - Homebiogas (The Domestic Biogas System - Turning Waste into Value)
Okres sprawozdawczy: 2016-09-01 do 2016-11-30
Through the HOMEBIOGAS project, we will develop a commercial biogas system adapted to the requirements of the European climate and public, helping European businesses to reduce their carbon footprint and operating costs and create a sustainable cycle of waste disposal and clean energy for cooking and heating: HOMEBIOGAS TG6.
HOMEBIOGAS TG6 has been demonstrated at TRL6 through the successful development and commercialisation of our TG1 system and the development and trial of two different business-to-business (B2B) pilots. Before engaging in the full project development we have conducted a Feasibility Study, described in this document, to ensure the technical, commercial and financial viability of HOMEBIOGAS
- Technical viability plan: We identified the required component modifications and implementations to develop the commercial version of HOMEBIOGAS TG6, on the basis of our TG1 system and B2B pilots. We also planned the technical requirements (equipment selection, software design, bacteria mix) and defined a work plan to bring HOMEBIOGAS TG6 into the market (TRL9). Additionally, we identified the expert subcontractors and suppliers needed to perform specific tasks: materials manufacturers/suppliers, local service companies to install the pilot systems, safety auditors, CE marking laboratory and patentability auditors.
- Commercialisation plan: Based on the commercial success of our TG1 system, our customers’ feedback demanding bigger systems and the outcome of our B2B pilot trials, we understood that there is a bigger business opportunity in a B2B biogas system rather than in an upgraded version of our household systems. We therefore identified the target end users of such a system (food services and retailers), its markets and potential competitors and defined our commercialisation and exploitation strategy. Additionally we performed a patent search to ensure our Freedom to Operate (F.T.O.) defined our IPR protection strategy and developed a regulatory analysis to identify the legal requirements of HOMEBIOGAS TG6.
- Financial Plan: We estimated the economic projections for the 5 years following the commercialisation of HOMEBIOGAS TG6 in order to evaluate the potential profit and Return of Investment (R.O.I.) derived from the HOMEBIOGAS project.
- Business Plan: A definition of the business model and a risk assessment were elaborated.
The results of the study proved HOMEBIOGAS TG6 to be technically, commercially and financially feasible and confirmed us on our decision to continue with the project and pursue the SME Instrument Phase 2 funding opportunity.