Aurelia Turbines The most efficient small gas turbines in the world
Ajankohtaista kansainvälisistä rahoitusohjelmista 2014-2020 Rahoitusta SME-instrumentista näin onnistuimme
Aurelia Turbines Oy - Company Introduction Product: 400 kw e gas turbine, electrical efficiency above 40% Fuels incl. all the standard gaseous & liquid fuels, biofuels and synthetic fuels upon request Product is based on technology developed over the last 30+ years by Lappeenranta University of Technology (LUT), Finland Company has a strong innovation portfolio that has been analysed by 3 rd party novelty research company Altogether 30+ patentable innovations First applications filed in Q1/2015 Sales focused approach First field test units due to be delivered in Q4/2015 Serial production due to start Q2/2016 Company has signed LOI s for 245 turbines representing some 100 Mio turnover for the first 3 operational years Manufacturing strategy established Company focuses on its core competence + software Manufacturing partners are being evaluated, discussions started Industry 4.0 product True clean desk approach the utilisation of the latest IT developments Established in Finland 2013 Major shareholders: LUT through its investment arm GreenCampus Innovations, Finnish VC s and Business Angels Funded by: Equity, R&D support from the Finnish government and the EU One of the first companies to receive an EU grant under the H2020- program Experienced team of ~ 25 people (incl. the ones at LUT) Everyone has a minimum of 5 years high speed generator and/or microturbine industry experience Some of the team have over 30 years experience Selected references: Sulzer Pumps (ABS HST Aeration Compressors), Compair / Quantima Truly international, experienced management team Proven, international experience from gas turbine business International connections ready
Engines and turbines Annual worldwide orders Engine concerns Electrical net efficiency Partial load operations Emissions Noise Fuel allowance Ordered capacity [MW] 35 000 30 000 25 000 20 000 15 000 10 000 5 000-0,5-1 2 3,5 Market possibility > 30 bn / year 5 7,5 10 15 20 30 60 120 200 300 500 700 1000 >1000 Our design is targeted to cover all these items Capacity range [MW] Engines Gas Turbines Steam turbines Source; 39 th annual orders report, Diesel & Gas Turbine Worldwide - magazine
The technology builds on the classic microturbine process, providing excellent efficiency gains over the competition Ordinary, 1-stage recuperated microturbine New, 2-stage turbine process with two separate shafts and two generators The process itself is well-known & demonstrated. However the technologies that enable this process to be used are new. Aurelia has extensive immaterial rights on these technologies.
Performance beyond competition Efficiency at nominal point Electrical efficiency [%] 50 45 40 35 30 Partial load efficiency Electrical efficiency [%] 45 40 35 30 25 20 25 0 200 400 600 800 1 000 Nominal capacity [kw] 15 0 100 200 300 400 Electrical output [kw] Gas engines Aurelia 400 Log. (Microturbines) Microturbines Log. (Gas engines) Aurelia 400 Capstone 2*C200 MAN 400EG 30-50 % quicker pay-back in industrial CHP solutions. Sources: ASUE, different OEMs
We focus on our core and cooperate in the manufacturing with world-leading companies = ~ PLC Our own focus & core know-how: Turbine technology: the 2 High Speed Units (HSU, shown in blue boxes) Process know-how: software in the PLC = ~ G C T Know-how developed by our partners for us We own the product rights for these Some components within the HSU s Recuperator Combustion chamber = ~ G C T Product structure enables efficient manufacturing by 3 rd party companies in targeted areas we still sell the whole product and keep the core in house.
Modular design enables easy maintenance and big amount of 3rd party components provide reliability from the beginning Off-the-shelf, tested and proven converter / inverter train Industrial combustion chamber able to utilize large variety of fuels Industrial recuperator The image is downgraded for clarification reasons. The two turbine shafts only components manufactured by Aurelia
Product design that meets existing market requirements and opens new ones High overall efficiency Turbine benefits with gas engine efficiency High partial load efficiency Down to 40% load with comparable efficiency than the one of full load Wide fuel allowance All standard liquid & gaseous fuels Very wide range of non-standard fuels Low emissions Typical to small turbines with relatively low temperatures Low maintenance costs Lower than competition due to active magnet bearings and small amount of wearing components Easy connection with steam boilers Enables efficient CHP already from 4 MW boiler size onwards Practically no back-pressure limitations
EU H2020 Lessons learned
Hyvin määritelty ohjelma EU:n H2020 rahoitusohjelmassa on erittäin hyvin määritellyt tavoitteet Jos olet bull s eye, niin ok Jos teet jotain muuta, älä vaivaudu
Hyvin määritelty hakemus Impact Mitä tämän teknologian / palvelun / idean käyttöönotto tarkoittaa? Excellence Onko tämä ihan aikuisten oikeasti uusi idea? Kuka sen voi todentaa? Miten ja millä lihaksin? Implementation Mitä aiotaan tehdä? Miten se palvelee tavoitetta? Onko paukkuja? Onko uskottavuutta?
Mikä voi mennä pieleen? Kaikki Huti tarkoituksen osalta? Uskottavuus? Liian pieni / suuri orkesteri? Oikeaa duunia vai akateemista harrastelua? Onko bisnes-taustaa?
Korjaavat toimenpiteet? Lue. Saatat vaikka oppia jotain. Jossittelu ei auta. EU:n rahoitusinstrumentti on vain yksi ulkopuolinen arvioija. Seuraava voi olla asiakkaasi.
Thanks! Matti Malkamäki +49 176 3063 8250 matti.malkamaki@aureliaturbines.com