Skip to main content
Go to the home page of the European Commission (opens in new window)
English English
CORDIS - EU research results
CORDIS

Commercialisation of a Recyclable and Innovative Manufacturing Solution for an Optimised Novel marine turbine.

Project description

Commercialisation of marine hydrokinetic power system

The worldwide potential for clean, green electricity from the kinetic marine energy in rivers and tidal currents is 120 GW. The EU-funded CRIMSON project will bring to market a high-performance, low-cost, and scalable marine hydrokinetic energy turbine by applying advanced manufacturing techniques suitable for high-volume manufacturing with recycled materials. Project partners will demonstrate the immediate impact of this disruptive technology, revealing the technical and commercial potential of harnessing marine hydrokinetic energy. The longer-term impact will be to reduce the levelised cost of electricity for the European citizen – the ultimate beneficiary of this innovation. CRIMSON will also deliver significant positive impacts in terms of industry/EU competitiveness and scalable company growth in revenue and jobs (EUR 300 million of revenues and over 200 jobs by 2026).

Objective

The CRIMSON project will bring to market a reliable, sustainable, marine energy turbine, and is underpinned by the application of novel materials and an advanced manufacturing process. The key driver for this project is the global potential to generate 120GW of clean, predictable electricity from the kinetic marine energy in rivers and tidal currents. CRIMSON will provide high-performance, low-cost, and scalable marine hydrokinetic (MHK) power systems to the market using manufacturing techniques suitable for high-volume manufacturing with composite materials.

The immediate impact of this disruptive technology will be to demonstrate the technical and commercial potential of harnessing marine hydrokinetic energy; the longer term impact will be to reduce the Levelized Cost of Electricity (LCOE) for the European citizen – the ultimate beneficiary of this innovation. CRIMSON will also deliver significant positive impacts in terms of industry/EU competitiveness and scalable company growth in revenue & jobs (€300m of revenues & over 200 jobs by 2026).

This ambitious project is led by ÉireComposites, an established industry player in composites manufacturing for the Aerospace and Renewable Energy sectors and an experienced FP7/Horizon 2020 participant, who will coordinate the project and manufacture the rotating turbine structure. Ocean Renewable Power Company (ORPC), a leading marine energy OEM and technology end-user, is the second industry partner. ORPC has already invested substantial funds (in excess of €100m) in the commercialisation of marine energy and is determined to become a global leader in the sector. Their adoption of the CRIMSON technology will demonstrate its early market acceptance. To achieve the goals of CRIMSON, the project will be supported by a materials specialist (Mitsubishi Chemical Advanced Materials), a testing partner (CNR, the Italian National Research Council) and an academic partner (National University of Ireland Galway).

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.

You need to log in or register to use this function

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

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.

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.

IA - Innovation action

See all projects funded under this funding scheme

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EIC-FTI-2018-2020

See all projects funded under this call

Coordinator

EIRECOMPOSITES TEORANTA
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.

€ 1 015 875,00
Address
UDARAS INDUSTRIAL ESTATE AN CHOILL RUA
CO. GALWAY INVERIN
Ireland

See on map

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.

€ 1 451 250,00

Participants (4)

My booklet 0 0