Objective
The Liftra self-hoisting crane (LSHC) enables significant cost savings on exchange of major components of wind turbines – which in turn reduces the cost of wind energy. With a crane that fits within a single 40 foot container, it is possible to change major components such as gearboxes and generators on wind turbines, with no restrictions on wind turbine height.
Today there is more than 94.000 wind turbines installed worldwide in the size range from 1,4MW to 2,4MW, which is the current market range for the LSHC for changing of major components. Since each wind turbine conservatively requires minimum one major component exchange per 10 years, the market potential is between €235 million and €1,9 billion EUR per year in pure crane servicing costs. However, the value proposition of the LSHC does not only concern the existing market. The superior mobility of this technology enables major component service in remote areas with poor infrastructure and low access to large cranes. In turn this reduces the risk of installing wind turbines in less developed regions and may facilitate truly global expansion of wind energy.
This far, the LSHC has been deployed project-to-project business model, according to which each commercial engagement is a unique solution, and based on thorough adaptation and testing on WT models. This approach is time consuming and very costly, thus, not scalable or replicable to global, mass markets. The project as a whole addresses the challenges of penetrating the market with an innovative new crane technology and allow fast scaling of the business worldwide to become the new industry standard through a mass customization-base business strategy.
Successful project completion represents a significant business opportunity for our SME, with expected revenues of €125 million within 5 years, of which more than €22 million stand as direct profit. In addition, the successful market introduction of the LSHC is expected to create over 220 new jobs.
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.
- social sciences economics and business business and management business models
- engineering and technology environmental engineering energy and fuels renewable energy wind energy
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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.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
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H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
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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-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.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
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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.
9200 AALBORG
Denmark
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.