THIS INVESTMENT IS GOING AHEAD. IT IS OPEN FOR FURTHER INVESTMENT AND IS OVERFUNDING NOW.
You need to be a registered user to invest in this opportunity. Please read the FAQs (in particular, the 'Invest' and 'About Simple Crowdfunding' sections) before you Register Your Account.
INTRODUCING ENGEN SYSTEMS
WHAT IF YOU COULD INVEST IN A COMPANY WHERE YOU CAN MAKE A POSITIVE IMPACT ON THE PLANET AND GENERATE POWER WHERE THE INPUT ENERGY IS FREE? WELL NOW YOU CAN.
Engen Systems was born out of a desire to take the valuable and free resource of waste heat and re-purpose it into useable energy to make electricity.
converts more of the available usable energy to electricity than any other heat
recovery-to-electricity generating system leading to a greater amount of MW
power generated at substantially shorter payback times.
E-Engine harnesses waste heat created by industrial process and repurposes
it into electricity, providing electricity to use on site or divert into a
Waste heat is
everywhere. Every time an engine runs, a machine clunks away, or any work is
done, heat is generated. That is a law of thermodynamics. Often, that heat gets
thrown away, discharged out into the atmosphere. The scale of this invisible
garbage is huge: About 70 percent of all the energy produced by humanity gets discarded
as waste heat. This energy source is the largest available on the planet and
unless it is used, it is a wasted opportunity.
The UK has signed to be the
first major economy to pass a net zero emissions law, which means by 2050
greenhouse gas emissions must be zero. It is estimated that the Worlds
electricity usage will increase a further 50% by this period, putting more
pressure on renewables. To quantify the task at hand, in 2017, 64.5% of the
Worlds electricity was generated by burning fossil fuels, with coal power
stations being the largest contributor.
The Global Waste Heat Reclamation
market is expected to surpass $65 Billion by the end of 2021 with a compound
annual growth rate (CAGR) of 6.9%. Industry in the EU accounts
for about 26% of the energy consumption and 48% of the CO2 emissions. The
total waste heat potential of the EU is over 300 TWh/yr with the technically
reclaimable heat amounting to 90 TWh/yr (Bianchi et al., 2019). The waste heat
potential of the UK is 24 TWh/yr with the reclaimable heat at 10 TWh/yr
(Papapetrou et al., 2018).
TIME FOR CHANGE
A fully working prototype has validated over 40 years of engineering
modular system allows electricity generating capacity to be added in 250KW
increments until all the available input energy is used.
FIND OUT MORE
More information is available for download under the 'Documents' tab. You can also ask questions through the 'Forum' or by contacting the team.