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Sign upEfficiency PACK
Exploiting waste heat in industrial processes and power generation systems
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Efficiency PACK
Exploiting waste heat in industrial processes and power generation systems
Label Date
January 18, 2021
Parent company
Air Liquide
From
Germany
Maturity stage
TRL 9 / CRI 5-6 - Market competition driving widespread deployment &/"Bankable" grade asset class
The complexity in designing ORC plants meant only niche applications with large uniform heat sources, e.g. geothermal, could be exploited commercially. Orcan developed a new generation of ORC products based on a modular design. These ORC units are much more versatile and feature significantly lower LCOEs, even reaching the level of baseload electricity driven by fossil fuels. Orcan is the leading supplier of such modular and compact ORC products, both in terms of the number of ORC units installed as well as cost-effectiveness. By converting a complex thermodynamic system into a plug & play product, the technology has been made available for mass application. The Efficiency Packs are designed in a way to reduce project-specific engineering effort. The final ORC unit was designed with manufacturability in mind. Cost positions previously only available in large-scale ORC plants, can now also be achieved in the small- to mid-scale waste heat market.
The Environmental Benefits
- •The Efficiency packs can effectively use waste heat from 80 to 800°C
- •The plug & play waste heat recovery solution can be installed and put into operation in less than 24 hours
- •Efficiency PACKs are able to generate carbon-free baseload electricity 24/7
- •A single efficiency PACK can save 750 tons of GHG annually and has an environmental payback time of less than 2 months
- •By mid-2020 Orcan had avoided over 30,000 tonnes GHG throughout their rapidly growing fleet of ORC units worldwide
- •With Orcan efficiency PACKs 13 million tonnes of GHG emissions could be avoided when fully utilising the entire German industrial waste heat
The Financial Benefits
- •Orcan's ORC solutions have payback times starting from 2 to 4 years
- •The world’s largest installation of modular ORC units located in Myanmar provides electricity to 100,000 households and helps to meet Myanmar’s rapidly growing electricity demand
- •With Orcan ORCs over 17% of German households could be supplied with electricity when fully utilising the entire German industrial waste heat - this amounts to electricity worth € 3bn annually
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Company Profile
Orcan Energy AG
Orcan Energy AG is a leading European CleanTech company offering efficient energy solutions based on Organic Rankine Cycle (ORC) technology for the conversion of waste heat into electricity. Orcan Energy AG was founded in 2008 by physicists Dr. Andreas Sichert, Dr. Andreas Schuster and Richard Aumann, with the aim of providing companies from a variety of industry sectors a simple, cost-saving and efficient energy solutions that unlocks the enormous energy potential of unused industrial waste heat sources. Orcan Energy AG currently operates 70 plants in Europe, making it the most widely used provider in the low-temperature sector in Germany. Orcan Energy AG employs 60 people and is headquartered in Munich.
Headquarters
81379 Munich, Germany
Type
Startup or self-employed
Parent company
Air Liquide
A world leader in gases, technologies and services for Industry and Health.
Headquarters
75007 Paris, France
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator Orcan Energy AG has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.