Objective
"The vision of the OptiLift project is to upscale, pilot and commercialise our unique toolset for improved safety, increased efficiency and more environmental friendly offshore lifting and logistics. We will enable annual cost savings of €14.m per offshore rig operator and reduce CO2 emissions with up to 50% compared to current platform supply vessels. We will aid solving the industrial and societal problem of safer and more efficient offshore lifting and logistics - provide a significant contribution to the instalment of Blue Energy as outlined in the Blue Growth Strategy of 2012.
The overall objective of the OptiLift Phase 2 project is to address and implement the findings of our SME Phase 1 Feasibility Study (GA#674094) to enable rapid and successful commercialisation of OptiLift. We have outlined a series of Commercialisation Objectives that can be grouped in 3 categories and achieving them will bring us to a wide international market uptake:
1) Technology maturation objectives will optimise OptiLift functionalities prior to piloting at end-user’s facilities. Objective is to raise the TRL of our technology from its current TRL6 to 8 (WP1).
2) Pilot and validation objectives to demonstrate and validate the commercial potential of OptiLift in actual end user operating environments covering both offshore and onshore lifting and logistics operations. The piloting activities will elevate OptiLift from TRL8 to 9 (WP2).
3) Market maturation, communication and innovation management objectives enabling us to successfully bring OptiLift to the
market and reach sales traction beyond Phase 2 (WP3-6).
Through OptiLift we will significantly boost our growth – quantified as accumulated revenues exceeding €56m for the 5-year post-project (2023) with accumulated operating profit of more than €33.6m and employment growth of at least 63 FTEs. Moreover, we expect to generate €1.31bn in reduced costs for our end-users and reduce CO2 emissions with 200,813 tonnes."
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 electrical engineering, electronic engineering, information engineering electronic engineering sensors optical sensors
- social sciences economics and business business and management innovation management
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering signal processing
- social sciences social geography transport
- 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.2.1.1. - 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
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.
4623 KRISTIANSAND
Norway
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.