Insight

02/12/2021
OPEN INNOVATION

Another opportunity by Repsol: join the Open Innovation Challenge to improve the Bioeconomy & Energy sectors

Repsol SA, leading Spanish company in the oil and natural gas sectors, is a global multi-energy provider working to drive the evolution towards a low-emissions energy model. In the 2021-2025 Strategic Plan Repsol SA took on these ambitious challenges by evolving towards a customer-centric, multi-energy company that’s committed to digitalization, innovation, strategic talent management, and new ways of working.

 

The company is looking for innovators and experts who could provide solutions in bioeconomy and energy sector. A full summary of the challenge is available here:

 

Challenge Description
Transformation of geothermal resources into electricity suffers from the fact that the efficiency of the process is low. For a geothermal fluid below 90 ºC, the traditional ORC (Organic Rankine Cycle) has a net efficiency lower than 4%. This low efficiency limits the commercial use of these low temperature geothermal resources for power generation. Thus, the aim is to develop new technologies: new generation equipment’s (heat exchangers, turbines, etc.), improved thermodynamic cycles, new thermal fluids or combination of them, able to increase the net efficiency of the transformation from geothermal heat to electricity.

Technical requirements
The technologies offer must comply with:
– Be able to generate electricity from a geothermal fluid at temperatures in the range of 60-90 ºC
– Process efficiency must be at least 5-10% (net, from thermal watts to electric watts)

How to apply

If you would like the opportunity to submit a solution you are developing, or expertise you have in the above area, please contact us to info@wheesbee.eu for an expression of interest by December 18, 2021

If you have any questions or would like further information, please contact us directly.

Discover other possibilities sponsored by Repsol visiting the following link.

 

The Wheesbee team from Innovation Engineering Srl is specialized in supporting Open Innovation initiatives by facilitating the matching between problem owners and problem solvers in the framework of a large network of innovative companies.

Contact us to be part of our network with your Open Innovation Challenges.