Closed tender
Beneficiary name: Alteneva Korlátolt Felelősségű Társaság
Application/Research topic title: Development of a modular energy storage system using used electric vehicle batteries
Contracted aid amount: HUF 85 024 760
Aid intensity (%): 70,88 %.
Presentation of the project content
Alteneva Ltd's mission is to launch innovative initiatives that create self-sustainable urban living spaces and communities where nature and people live in harmony. Our main focus areas are solar buildings, energy communities and micromobility. Alteneva Ltd. has been involved in 4 major national development projects since its establishment, directly or indirectly, in collaboration with several partners. The focus areas of these projects have been primarily the development of innovative solar products and related equipment, and the construction and expansion of related manufacturing capacities (GINOP-1.2.1-16-2017-00793, 2018- 1.1.2-KFI-2018-00193, 22019-1.1.1-PIACI-KFI-2019-00323).
For our energy storage systems, we focus specifically on modular design, creating a widely configurable solution for both fixed and mobile applications. Our value proposition is clearly flexibility, allowing the user to pay on a time or usage basis. Due to the scalability, the energy storage system capacities/performances can be expanded or reduced according to changing needs. Also, due to the use of secondary life cycle batteries, the prices of the energy storage systems built from them are expected to be lower compared to the market unit prices, which will significantly shorten the payback period of the systems in our developed service-based business model. The revenue from service fees will be structured in such a way that each outsourced installation will pay for itself in about 2-3 years. Service revenue is supplemented by sales of small and medium systems, providing a complete solution for our partners. The demonstration system developed in our current project (2021-1.1.4-ACT-2022-00022) provides the basis for a commercial solution that can serve a wide range of identified target market needs, in a service-based business model that is highly beneficial for the B2B sector, predictable, flexible and predictable.
More information is available on request:
Alteneva Kft.
Contact person: Gábor Molnár
Phone: 06 70 417 9326
E-mail: gabor.molnar@alteneva.com
Website: https://www.alteneva.com/palyazatok
Awarded application
Beneficiary name: Alteneva Korlátolt Felelősségű Társaság
Application/Research topic title: Development of a modular energy storage system using used electric vehicle batteries
Contracted aid amount: HUF 85 024 760
Presentation of the project content
Different energy storage solutions are one of today's priority research areas. There are many technologies that use different principles to store electricity for later use. Our project, adapting to the principles of the circular economy model, aims at developing an energy storage demonstration system that provides the conditions for the "reusability" of a battery that has successfully been mass-produced, has completed its first life cycle, but has approximately 70-80% of remaining life cycle remaining, before its final recycling, thus giving these devices several more life cycles. We aim to demonstrate a good illustrative school case of the circular economy model with the second life-cycle reuse of used batteries from electric vehicles as an electrical energy storage system. Due to the continuously ageing vehicle fleet, it is expected that within 3-5 years a significant amount of batteries will be removed from the vehicles currently in operation. Our goal is to develop an energy storage system and associated service-based business model that can absorb a significant amount of the first-cycle spent batteries coming to market. Energy storage systems built from remanufactured battery modules will lead to real market exploitation, as opposed to the industry's current practice of either storing unused battery packs in closed warehouses or setting up large-scale energy storage farms in pilot projects, primarily for PR purposes. Our development ensures that batteries are only effectively recycled when economically and environmentally justified, and ensures optimal cyclicality of raw materials.
For our energy storage systems, we focus specifically on modular design, creating a widely configurable solution for both fixed and mobile applications. Our value proposition is clearly flexibility, allowing the user to pay on a time or usage basis. Due to the scalability, the energy storage system capacities/performances can be expanded or reduced according to changing needs. Also, due to the use of secondary life cycle batteries, the prices of the energy storage systems built from them are expected to be lower compared to the market unit prices, which will significantly shorten the payback period of the systems in our developed service-based business model. The revenue from service fees will be structured in such a way that each outsourced installation will pay for itself in about 2-3 years. Service revenue is supplemented by sales of small and medium systems, providing a complete solution for our partners. The demonstration system that will be developed will provide the basis for a commercial solution capable of serving a wide range of identified target market needs, in a service-based business model that is highly advantageous for the B2B sector, predictable, flexible and predictable.
Project completion date: 30.04.2024
Project ID number: 2021-1.1.4-AUTH-2022-00022