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Enerin AS, a Norwegian SME founded in 2017, specializes in industrial High-Temperature Heat Pumps (HTHP) called “HoegTemp,” which reach up to 250°C. Their engineers lead in HTHP technology and energy efficiency projects. In Europe, there's a high demand for heating between 100°C and 200°C, especially in food production and drying. Currently, 77% of this heat comes from fossil fuel boilers, but HTHPs could meet a majority of this demand, reducing emissions. The industrial heat pump market is projected to grow over 15% annually until 2030. Enerin, with its advanced HoegTemp technology, is poised for success. The HoegTemp, featuring 3, 6, and 12-cylinder compressors with integrated heat exchangers, operate on the Stirling cycle with helium as refrigerant. Helium will be replaced by clean hydrogen for additional efficiency during the project. HoegTemp achieves a high coefficient of performance (COP) of 50%-60% of Carnot at high temperatures. With one pilot installation in Norway running over 6000 hours, and three new contracts signed, Enerin’s HoegTemp is at TRL 7. We aim for TRL 9 by 2027 (TRL8 with hydrogen). By increasing capacity, standardizing systems, and reducing component costs and complexity, Enerin aims to cut installation and operation costs by 50%-70%, compared to current cost making its HTHPs the most cost-effective option for industrial heating in Europe. Enerin has secured funding for R&D and prototypes but is facing challenges in raising private capital. The company is now seeking €2.495 million in EIC grants and up to €10 million in equity or quasi-equity funding to enhance efficiency, scalability and competitiveness needed for future market expansion.
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