Summary
The information and telecommunication sectors are responsible for up to 2% of the global green-house gas emissions. Data centres and telco sites run 24/7. The cooling system alone may account for up to 40% in average of the energy demands of a data centre, resulting in a significant cost factor to owners and operators, especially for telecommunication service providers. Our company, HeatVentors Ltd, invented and patented HeatTANK, an innovative solution that can be used to optimise cooling process by storing cooling energy in phase change materials (PCM) in a controlled and optimised way. Our solution will complement or even replace conventional compressor-based air conditioners for data centres. Our pilot project results showed that using HeatTANK reduces the cooling costs of a telecommunication site by 54% with 3,96 years ROI. The leading actors of telecommunication and energy sector expressed their interest to our solution, such as IBM, Vodafone, T-Systems from ICT industry as well as MVM and E.ON from the energy sectors. According to the pre-orders, we will step to the Hungarian market in 2019 Q2 and to the international market in 2019 Q4. Our talented group participated at several start-up competitions with success, for example, we are European winners of InnoEnergy PowerUp! competition in 2017. and won Special award at Women Start-up Competition Europe in London. Our company is accelerated by Climate-KIC and got investment from KIC InnoEnergy. This Phase 1 project will help us to carry out a feasibility study aiming to elaborate different use-cases and refining our business plan.
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| Web resources: | https://cordis.europa.eu/project/id/869060 |
| Start date: | 01-06-2019 |
| End date: | 30-09-2019 |
| Total budget - Public funding: | 71 429,00 Euro - 50 000,00 Euro |
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Original description
The information and telecommunication sectors are responsible for up to 2% of the global green-house gas emissions. Data centres and telco sites run 24/7. The cooling system alone may account for up to 40% in average of the energy demands of a data centre, resulting in a significant cost factor to owners and operators, especially for telecommunication service providers. Our company, HeatVentors Ltd, invented and patented HeatTANK, an innovative solution that can be used to optimise cooling process by storing cooling energy in phase change materials (PCM) in a controlled and optimised way. Our solution will complement or even replace conventional compressor-based air conditioners for data centres. Our pilot project results showed that using HeatTANK reduces the cooling costs of a telecommunication site by 54% with 3,96 years ROI. The leading actors of telecommunication and energy sector expressed their interest to our solution, such as IBM, Vodafone, T-Systems from ICT industry as well as MVM and E.ON from the energy sectors. According to the pre-orders, we will step to the Hungarian market in 2019 Q2 and to the international market in 2019 Q4. Our talented group participated at several start-up competitions with success, for example, we are European winners of InnoEnergy PowerUp! competition in 2017. and won Special award at Women Start-up Competition Europe in London. Our company is accelerated by Climate-KIC and got investment from KIC InnoEnergy. This Phase 1 project will help us to carry out a feasibility study aiming to elaborate different use-cases and refining our business plan.Status
CLOSEDCall topic
EIC-SMEInst-2018-2020Update Date
27-10-2022
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