The struggle towards local weather change is without doubt one of the largest challenges humanity should face within the twenty first century and all of us must be concerned within the strategy of transferring towards a decarbonized financial system that’s primarily based on renewable power.
The minimal goal of 32% renewable power by 2030, set by the European Parliament and the Council within the Renewables Directive, is achievable. Nonetheless, it can solely be potential in an financial situation with excessive ranges of decarbonization and electrification of the financial system, in addition to through the use of decarbonized fuels in areas which can be troublesome to affect.
For this, Iberdrola, by means of its VC PERSEO and in collaboration with the European Council’s Energy4Planet initiative, launches the Industrial Warmth Problem. The Problem is searching for new progressive options that permit to automate the design and drive the mixing of power effectivity and clear applied sciences. Iberdrola believes these improvements will decarbonize industrial processes, the place supplying emission-free warmth is the most important problem.
Options to Cut back Industrial CO2 Emissions & Enhance Power Effectivity
The Iberdrola group has all the time been 20 years forward of the present power transition. Right this moment, the group boasts an unprecedented 75-billion-euro funding plan up till 2025 to take care of its place on the forefront of the power revolution. Iberdrola helps the world’s main economies by consolidating its enterprise mannequin primarily based on extra renewable power, extra grids, extra storage, and extra sensible options for purchasers.
Remodeling the electrical energy power provide is key to decarbonization. Via renewable power, rising corporations create sustainable and environment friendly power frameworks. Nonetheless, the excessive reliance on fossil fuels in sectors together with energy, transportation, development, and trade make them hard-to-abate sectors.
Iberdrola is trying to assist these industries on their power transition journey. By supporting and investing in ad-hoc options for factories that increase power effectivity whereas additionally decreasing carbon dioxide (CO2) emissions, Iberdrola helps emissions-heavy industries make a possible transition towards decarbonization and power effectivity.
For instance, industrial warmth advantages from higher use of electrical energy for the low and medium temperature processes, by means of the applying of warmth pumps, together with power effectivity measures. However, high-temperature processes purpose at electrification mixed with fuel-switching to decrease related emissions.
Are you prepared to hitch the Problem?
Iberdrola’s new problem seeks aggressive and progressive options that permit them to automate the design and integration of power effectivity enhancements to spice up decarbonization efforts of commercial processes. Some examples of the specified options embrace:
- Automation of undertaking design for decarbonization of commercial processes utilizing software program instruments
- Hybridization of fresh applied sciences, for instance:
- Warmth pumps
- Electrical furnaces
- Power effectivity measures
- Inexperienced hydrogen
- Self-consumption by distributed renewable power
- Power Consumption & Financial savings Simulations
- Venture finance calculations primarily based on undertaking CAPEX and OPEX inputs:
- Funding Charge of Return (IRR)
- Web Current Worth (NPV)
- Payback Durations (PB)
As well as, Iberdrola is searching for options which can be:
- Simple to implement
- Will be built-in into industrial crops for ad-hoc outcomes
What Your Enterprise Will get out of the Problem
The chosen undertaking will likely be developed in collaboration with the technical specialists from the Iberdrola Industrial Heating and Cooling crew.
The prize will include signing a collaboration and check settlement with Iberdrola, who will assume the prices and supply the winner with the mandatory technical help, giving entry to infrastructures and actual knowledge to check the answer.
If the PoC is passable, Iberdrola could provide the winner the chance to scale up their answer by way of business agreements. As well as, PERSEO could think about investing in your answer.
How you can be a part of the Industrial Warmth Problem
- 10.02.2021 – Public Launch of the Iberdrola Industrial Warmth Problem
- 07.03.2021 – Utility Deadline
- March – April 2021 – Analysis of all proposals
Don’t miss out on the distinctive alternative to collaborate with a world renewables chief & apply for the Iberdrola Industrial Warmth Problem immediately!
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