Development of highly efficient Stirling Engine for power generation and thermal energy storage
Reference number | |
Coordinator | Keijtec Solutions AB |
Funding from Vinnova | SEK 300 000 |
Project duration | November 2017 - September 2018 |
Status | Completed |
Venture | Innovative Startups |
Important results from the project
This project aimed to raise the TRL-level of an unique and innovative heat engine. Some programming and testing work remains but in conclusion we can now say that that the TRL level has increased from 1-2 to 3-4. The project also aimed to rework and refine the market analysis, the pricing and goto-market strategy as well as the IP-strategy. This has been achieved with satisfying results.
Expected long term effects
A clearer picture has been established regarding A) the intended market and potential customers, B) the technical innovation itself, C) the necessary surrounding technical systems as well as D) the IP-landscape surrounding the innovation in question. Keijtec Solutions AB is now much better prepared to take this innovation further and the aim is to soon have a both patents and well compiled test data as support in negotiations with potential financiers, investors and customers.
Approach and implementation
In hindsight one can conclude that the original time plan was too optimistic. The planned activities and budget was reasonable however. Of all the planned activities the great majority can, at the time of writing, be described as successfully completed with a project total cost overrun by no more than 0.82%. Regarding the remaining activities it is worth highlighting that they will be completed within a couple of weeks without adding any costs to the project budget.