Project description
Cool technology to improve heat exchanger efficiency
A new coating technology that can enhance heat transfer will improve efficiency and respond to the 2030/50 carbon neutral challenge (using no fossil fuel, GHG-emitting energy). The EU-funded NanoFLUX project will develop a novel process for the cost-effective application of nanostructured heat transfer coatings to improve the efficiency of heat exchangers, which are core components of many energy-intensive applications in heating and cooling. The new coatings can be applied after as well as during manufacturing. Treating pre-manufactured components makes this new technology easy to integrate into existing volume plant lines with low investment.
Objective
Heat exchangers are core components of many energy intensive applications in heating and cooling. They have not benefited from much improvement in performance for many decades. However, European legislation to limit greenhouse gas emissions and the prospect of bans on refrigerants (and the side effect of rising refrigerant prices) is driving change. Oxford nanoSystems is uniquely positioned to help manufacturers and system integrators meet the ambitious timetable of regulations, while saving them money and resources.
Oxford NanoSystems has devised NanoFLUX, a novel process for the application of nanostructured heat transfer coatings, which greatly improves the efficiency of heat exchangers. Heat exchangers, and by extension systems such as air conditioning or refrigeration units, are made more efficient (-40% energy), more compact (-50% size and weight), with and require -70% less refrigerant – which both cuts costs and reducing greenhouse gas emissions.
The cost effective NanoFLUX process treats pre-manufactured components, so the innovation can be easily integrated into existing volume plant lines with low upfront investment, achieving scale quickly. The company aims to penetrate a servicable market of over €2.2bn within an overall €26bn heat exchanger market, growing at CAGR 8.2%.
The innovation has already gained significant market interest: NanoFLUX has achieved step-change improvements in tests on the most efficient devices of manufacturers such as SWEP and Alfa Laval.
The team includes experienced entrepreneurs, first class engineers, and decades of commercial experience in heat transfer industries.
Oxford NanoSystems aims to build from existing R&D revenues, reaching scale commercial contracts by 2021, achieving €30 million revenue and over 200 job creation by 2024. It will contribute to boosting the declining EU leadership position in sustainable and innovative heat transfer technologies.
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 mechanical engineering thermodynamic engineering
- social sciences economics and business business and management entrepreneurship
- engineering and technology materials engineering coating and films
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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.
OX14 1dy ABINGDON
United Kingdom
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.