Project description
New energy storage system to reduce emissions
Half of the global greenhouse gas emissions are produced by diesel generators, which are mostly used to supply electrical power in construction sites. The EU-funded POWER BOX project aims to reverse this trend with a solution that combines electric energy storage with grid stabilisation. The project has developed a ‘plug & play’ energy storage system with a battery pack and hybrid inverter (patent pending). It can work in parallel with any energy source (alternating or direct current i.e. AC or DC) including diesel generators, renewables and the grid, suiting the needs of construction sites and bigger operations. The project aims to optimise the technology and bring it to market by mid-2021.
Objective
The construction sector is responsible for 50% of global GHG emissions. In fact, diesel generators supply 98% of the electrical power required in construction sites. These generators are usually over-sized in order to cover all power peaks while working at low loads most of the time (<50% of their capacity). Unfortunately, diesel generators have a very poor efficiency at low load levels which causes a waste of tremendous amounts of fuel along with increased emissions. Working at low levels also reduces the service life of the generator and entails high engine-servicing costs.
xelectrix Power GmbH is an Austrian company specialized in construction equipment with energy-efficient drive technology. Strove by the need for a solution that would combine electric energy storage and grid stabilization and could work in parallel with any kind of energy source (renewable or not), we have developed Power Box: a “plug & play” energy storage system (battery pack and hybrid inverter – patent pending) that can work in parallel with any energy source (alternating AC or direct current DC) including diesel generators, renewables and the grid suiting the needs of construction sites and bigger operations. With Power Box, diesel generators and the grid always operate at optimal efficiency. During peak energy requirements, Power Box and the generator combine to meet these requirements while during periods of low loads, the power is taken directly from Power Box’s battery storage.
Through this project, we aim to set the technical and commercial bases of Power Box optimization to then by mid-2021 commercialize it among construction companies who already own diesel generators and energy who need energy storage and stabilization solutions. By the lack of adequate competing solutions on the market along with the growing demand of power supply, we expect to sell at least 3,900 Power Box units in 5 years to generate €119M revenues (ROI 7.86).
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 materials engineering amorphous solids amorphous semiconductors
- engineering and technology electrical engineering, electronic engineering, information engineering electrical engineering electric energy
- engineering and technology environmental engineering ecosystem-based management climatic change mitigation
- engineering and technology environmental engineering energy and fuels renewable energy hybrid energy
- engineering and technology environmental engineering mining and mineral processing
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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.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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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-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.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EIC-SMEInst-2018-2020
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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.
4310 MAUTHAUSEN
Austria
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.