Bowman Power Group Ltd secures multiple volume orders with major European engine manufacturer for industry leading energy efficiency technology
Bowman Power Group today announces three orders with a major European global engine manufacturer, for the supply of the company’s innovative and award winning energy efficient Electric Turbo Compounding (ETC) technology.
The ETC system integrates with continuously running generator sets (gensets) to increase genset efficiency and power density, by converting waste energy into electrical power. This enables customers to maintain a fixed power output with reduced fuel consumption and CO2 emissions, or to generate additional power with improved fuel efficiency.
Two of the orders will see Bowman Power’s ETC system integrated with the engines of a major European engine OEM to provide brand new power plants in South America, each with more than 50MW capacity. The combination of the ETC system with the customer’s engines has been calculated to improve the payback period on an entire power plant.
Latin America’s power generation sector is under increasing strain, with The World Bank* predicting power demand to double by 2030, with a consequent huge shortfall in power generation capacity. The demand for power, added to concerns around energy security, efficiency and environmental sustainability serve to illustrate the growing need for effective solutions that increase engine efficiency and reduce environmental impact.
The other project is for a UK- based company which provides wood based panel products. The company is replacing gas turbine engines with more efficient reciprocating engines and will use Bowman Power’s ETC system to recover waste heat from the engine and improve the overall efficiency of the manufacturing process.
Dr. Toby King, CEO of Bowman Power Group commented,
“These volume orders with another leading engine OEM are further validation of Bowman’s ETC technology. In 2012 we entered into a development agreement with this customer to evaluate and develop the system for the company’s engines. To date, over 11,000 hours of rigorous testing have demonstrated the reliability and robustness of our systems. We also now have a supply agreement in place, and a project pipeline, of 1.3GW of stationary power over the next two years, for this customer alone, which is now the eighth major engine OEM to have purchased our technology.”
Over 600 ETC systems deployed in 11 countries worldwide have, to date, generated over 300GWh of free energy for customers (enough to power all the homes in the city of Southampton for one year), and reduced fuel consumption by over 37 million litres, cutting CO2 by more than 100,000 tonnes (the equivalent of taking 21,000 cars off the road for one year).
*World Bank report 2011: Meeting the Balance of Electricity Supply and Demand in Latin America and the Caribbean