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FUEL EFFICENCY AND EMISSION S REDUCTION SYSTEM FOR THE MARITIME AND ROAD TRANSPORT INDUSTRIES

Project description

Chemical-free increase in fuel burn efficiency with a pulsed magnetic field

Reducing emissions in the transport sector will have an important global impact on climate change. Increasing engine efficiency is one way to achieve this. The EU-funded AQUASONIC DIESEL project is focused on another way – increasing fuel burn efficiency via a small device that can be retrofitted to existing ships, trucks and buses, improving the combustibility of the fuel without any chemical additives. The novel device uses a pulsed electromagnetic field, not chemicals, to achieve molecular cracking, maximising fuel burn efficiency and lowering fuel consumption. It is small, maintenance-free and environmentally friendly. The project is helping the team take the concept to market with a focus initially on maritime and then road transport.

Objective

Aquasonic-diesel is the direct response of Aquasonic S.L and Ompi, both partner companies in the project, to the marine transport and the road transport industries to reduce their fuel consumption and cut their polluting emissions. It is also a key vehicle for us to leverage our 15 years of commercial experience and develop a competitive product to differentiate ourselves from competitors. After a feasibility study performed as a result of Phase 1, Aquasonic-diesel project will enable us to firstly, further consolidation in the European marine industry market and, secondly, open the markets of road transport in Europe and Latin America. The competitiveness of the European waterborne and road transport industries requires a dramatic effort in reducing operational costs which are more than 50% linked to fuel consumption. We have identified an immense 30.400 m€ potential market for Aquasonic-diesel as a device that can be installed as a retrofit into existing ships, truck and buses, improving the combustibility of the used fuel without the need of any chemical additives, allowing for a significant CO2 emissions reduction. This easy-to-install, maintenance free, robust and environmentally friendly device is based on our patented electric pulsed power technology in which a physical process is performed on the fuel right before entering the engine. A pulsed electromagnetic field performs a molecular cracking on the fuel components, maximizing the fuel burning efficiency and allowing for a fuel consumption reduction up to 10%. The overall product advantages and the actual growing demand in the transport industries for fuel consumption reduction and cutting GHG emissions imposed by stringent regulations such as EU Euro VI and the International Maritime Organization, present a business opportunity of nearly 42 M€ to introduce our novel device in the market starting 2019.

Fields of science (EuroSciVoc)

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Programme(s)

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Topic(s)

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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.

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.

(opens in new window) H2020-SMEInst-2016-2017

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Coordinator

OMPI SRL
Net EU contribution

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.

€ 429 780,75
Address
VIA FALCONE 10/A
42020 ALBINEA
Italy

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

€ 613 972,50

Participants (1)

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