Reducing natural gas needs and carbon emissions in industrial usage and transforming industry towards hydrogen with HERC, a novel plasma-assisted combustion (PAC) technology
Efenco's HERC technology enhances industrial combustion efficiency by 18% and reduces GHG emissions by 20%, targeting over 50,000 EU systems for a €105.6M revenue opportunity by 2027.
Projectdetails
Introduction
Efenco is developing disruptive plasma-assisted carbon-neutral combustion (PA CNC) technology for industrial heat production to achieve a whole new level of efficiency and GHG emissions reduction in the burning of methane, hydrogen, and their mixtures.
Addressing Industry Needs
We address the gains and pains of >1MW high-temperature process heat (HTPH) companies on their path to CO2 neutrality.
Innovation Overview
We introduce HERC (High Energy Ray Ceramic), a disruptive innovation in fundamental physics and materials technology.
HERC Chip Features
- HERC chip is a robust, reliable, and self-powered device that initiates PA CNC in the combustion and exhaust processes.
- HERC boosts burning efficiency by 18% and lowers GHG emissions by 20%.
Integration and Market Potential
HERC is designed to be fitted in existing industrial boiler systems to gain a higher return on assets and lower OPEX.
Market Opportunity
We estimate that there are around 50,000 suitable systems in the EU only, with the potential to reduce CO2 emissions by 1 Mt a while opening a strong business opportunity of €105.6M in revenue by the end of 2027.
Financiële details & Tijdlijn
Financiële details
Subsidiebedrag | € 2.496.592 |
Totale projectbegroting | € 3.566.560 |
Tijdlijn
Startdatum | 1-2-2023 |
Einddatum | 31-7-2025 |
Subsidiejaar | 2023 |
Partners & Locaties
Projectpartners
- EFENCO OUpenvoerder
Land(en)
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RΕΗΕΑΤ: REcycled industrial HEAT
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A clean and cost competitive hydrogen production solution near the end user thanks to an innovative plasma methane pyrolysis technology
HyPlasma develops a cost-effective, containerized methane pyrolysis solution for decentralized clean hydrogen production, minimizing CO2 emissions and generating valuable solid carbon by-products.
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Blue Heart Energy has developed a patented thermoacoustic technology to enhance heat pump performance, making them more affordable and efficient for widespread adoption in sustainable heating and cooling.
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ZIGRID aims to economically recover low-grade waste heat for electricity generation using a patented power module, reducing CO2 emissions and operational costs in energy-intensive industries.
Plasma-based point-source CCU technology to recycle CO2 into added value chemicals to decarbonize hard-to-abate industries
D-CRBN is a climate tech company that utilizes advanced plasma technology to efficiently convert CO2 into valuable products, promoting a circular carbon economy and supporting net-zero goals.
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