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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 kWe 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 3rd 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 H2020program
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
10 000
5 000
to cover all these items
Capacity range [MW]
Engines
Gas Turbines
Source; 39th annual orders report, Diesel & Gas Turbine Worldwide - magazine
Steam turbines
>1000
1000
700
500
300
200
120
60
30
20
10
 Our design is targeted
15
7,5
Fuel allowance
15 000
5
Noise
20 000
3,5
Emissions
25 000
2
Partial load operations
Market possibility
> € 30 bn / year
30 000
0,5-1
Electrical net efficiency
35 000
Ordered capacity [MW]
Engine concerns
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
Partial load efficiency
45
45
Electrical efficiency [%]
Electrical efficiency [%]
50
40
35
30
25
40
35
30
25
20
15
0
200
400
600
800
1 000
0
100
Nominal capacity [kW]
Gas engines
Microturbines
Aurelia 400
Log. (Gas engines)
200
400
Electrical output [kW]
Aurelia 400
Capstone 2*C200
Log. (Microturbines)
30-50 % quicker pay-back in industrial CHP solutions.
Sources: ASUE, different OEMs
300
MAN 400EG
We focus on our core and cooperate in the manufacturing
with world-leading companies
Our own focus & core know-how:
PLC
– Turbine technology: the 2 High Speed Units (HSU,
shown in blue boxes)
– Process know-how: software in the PLC
=
~
=
~
=
~
C
G
G
Know-how developed by our partners for us
T
C
–
–
–
–
T
We own the product rights for these
Some components within the HSU’s
Recuperator
Combustion chamber
Product structure enables efficient
manufacturing by 3rd 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
[email protected]