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Scalable and Customizable Power Transformer Monitoring System

Project description

Innovative monitoring system for low and medium power transformers

Power transformers are arguably one of the most expensive and important components in a power system. While they are reliable and typically require low maintenance, failure can put productivity at risk. Currently, transformer monitoring systems are only cost-effective for large power transformers over 16 MVA. The EU-funded SCAN-TMS project addresses the lack of monitoring systems for power transformers with apparent power below 16 MVA. It will assess the technical, commercial and financial viability of a transforming monitoring system developed by the Reycon Group, a company that specialises in electromechanical assembly. Reycon’s monitoring system is innovative and cost-effective, completely scalable and customisable for all types of power transformers in the low to medium power range.

Objective

Power transformers (PT) are the most expensive and strategic components of any power system. Their failures (even catastrophic) or deterioration can jeopardize firms’ productivity. Transformers Monitoring Systems (TMS) are becoming key tools for a proactive and preventive maintenance.
However, most TMS in the market are basic “data collectors” or partial solutions that do not cover all critical parameters. Current high-level TMS to support decision-making are only cost-effective for Large Power Transformers (LPT) over 16MVA. Therefore, there is an important market niche: those LPT below 16 MVA and the whole Medium Power Transformers (MPT) segment. Besides, none of the TMS in the market monitors PT in a de-energized situation, as the transport from the manufacturer to the purchaser’s facility, when improper handling or storage can lead to serious damages.
Reycon is a 20-year experienced electromechanical firm, provider of the major worldwide PT manufacturers. SCAN is our innovative and cost-effective TMS, completely scalable and customizable for all range of PT (from LPT to MPT), which is the result of a 2-year R&D project. It is an affordable diagnosis tool full of functionalities for all our end-users: PT manufacturers, electricity producers, industries, insurance and cargo companies. Due to different operative environments, 2 systems have been tested: SCAN Transport (de-energized conditions) and Operation (operating conditions).
This study is aimed at confirming the technical, commercial and financial feasibility of both SCAN-TMS, through the update of the market data, a FtO analysis, a Work Plan for the technical optimization, and a review of our business plan. We will use our sound market position to launch SCAN-TMS, first in those countries with Reycon’s presence, and then globally. The primary target will be oil immersed MPT and LPT. Based on a conservative forecast, by the 5th year from launching we’ll generate cumulative revenues of €26m and create 20 jobs.

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Topic(s)

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Funding Scheme

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SME-1 - SME instrument phase 1

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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

RECTIFICADOS Y CONTROL SL
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.

€ 50 000,00
Address
POLIGONO INDUSTRIAL DE QUINTOS PARCELA B NAVE 2
14005 CORDOBA
Spain

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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
Region
Sur Andalucía Córdoba
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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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.

€ 71 429,00
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