Point Energy TechnologyPE Tech

Providing actionable insights that reduce your energy costs and optimise your manufacturing processes

Dr Jing DENG

j.deng@qub.ac.ukk.li@qub.ac.uk

Team

Dr Jing Deng Prof Kang Li

Joseph Devlin

Ronan Cunningham Lead

Business mentor

Academic advisor

MarketingDr Haikuan WangHardware Engineer

Shaojun GanSoftware Engineer

Customer Pains

Manufacturing cost

Northern Ireland£9m energy bill870 employees

CLOSING DOWN

Materials 55%

Energy; 10%

Others; 35%

Customer Pains

1 2 3 4 5 6 7 8 9 10 11 120

20406080

100120140 Energy usage

Usa

ge (1

0k K

wh) Demand

capacity

Months

Value

Value

£1Saving on

energy

£10Additional

sale

Profit Margin 10%

£100K £1m

Energy Management System

Average potential savings - 35%

Scheduling Equipment Process10% 15% 10%

7% 9% 0.1%A very good solution

Point Energy solution

Current energy monitoring solution

1.22kwh 1.18kwh 1.58kwh

1 2 3

Energy Monitoring

Energy Saving

Component level energy monitoring1 2 3

Power Logging

RS485/RS422

RS485/RS422 RS232 Ethernet WIFI/

GPRS

Analog po rts

CAN

Digital IOs

Smart Data LoggerPower Supply

Power Logging

RS485/RS422

RS485/RS422

RS232 Ethernet WIFI/GPRS

Analog ports

CAN

Digit al IOs

Smart Data LoggerPower Supply

Power Logging

RS 485/RS 422

RS 485/RS422 RS 232 Etherne t

WIFI/GPRS

Analog ports

CAN

Digital IOs

Smart Data LoggerPower Supply

Potential saving

ComponentEnergy

Machine

1 2 3

Heater 1 0.15 0.14 0.16Heater 2 0.12 0.13 0.28Heater 3 0.12 0.12 0.11Heater 4 0.08 0.09 0.09Motor 1 0.4 0.35 0.56Motor 2 0.2 0.18 0.21Motor 3 0.15 0.17 0.17

Total 1.22 1.18 1.5821.8% 16.4% 13.6% 35.4%

What we do

Power Logging

RS485/RS422

RS485/RS422 RS232 Ethernet WIFI/

GPRS

Analo g po rts

CAN

Digital IOs

Smart Data LoggerPower Supply

• Component level energy and condition monitoring

• Machine and process optimization

• Reduced energy consumption• Reduced Maintenance• Reduce Machine Downtime• Increased productivity• Increased product quality

3R2IInsights

Actio

ns

What we do

Online identification

ToolControl signals

Heater 1

3.2kw

Heater 2

3.4kw

Heater 3

2.7kw

Heater 4

1.2kw

Heater 5

4.7kw

Heater 6

0.8kw

Motor 1

25kw

Motor 2

3kw

Motor 3

1.1kw

Total Power consumption

ICURe Journey

86 Interviews

Polymer processing

Foodprocessing

Steel making

Chemical processing

Car Making

IT and Automation

Energy monitoring

ICURe Journey

Additional values

Prevent unplanned machine shutdown

Component

level

monitoring

2-3%

Minimize product quality variations 1-2%

Early warning of potential failure 1-3%

Optimize process settings and reduce material waste (Lower cost and higher quality)

3-5%

Potential saving

Additional values

ISO 14067 - Carbon Footprint

Energy Audit

Current Market

10% Machine level energy monitoring

80% of machines are over 10 years old

Only a few new machines have component level energy monitoring (simple display, no logging)

Current Market

UK manufacturing industry£148 Billion

£7.4 Billion Total Energy cost 5%

£1.48 Billion 20% Saving

30% of Saving£444 Million

£22.2 Billion The world 50X

£222 Million 1% Share

Competitors

• Lack of detailed information• Lack of actionable insights• Saving is not significant• Cost is too high

How do customer pay

Initial fee (£500 per machine) + Monthly subscription (£50 per machine) (add-ons are available)

50 Machines

£700k Energy bill 20% Energy saving £140k Cost saving

£25k+ £30k /Year

0.4 year payback

Simple 5 years plan

SalesYear 1 Year 2 Year 3 Year 4 Year 5

Customer 10 30 80 150 300Sale £550,000.00 £1,400,000.00 £3,650,000.00 £6,250,000.00 £12,750,000.00

CostYear 1 Year 2 Year 3 Year 4 Year 5

Employee 5 10 15 25 50Wages £175,000.00 £380,000.00 £615,000.00 £1,050,000.00 £2,150,000.00

Hardware £50,000.00 £100,000.00 £250,000.00 £350,000.00 £750,000.00 Marketing £10,000.00 £15,000.00 £25,000.00 £40,000.00 £80,000.00

Others £20,000.00 £30,000.00 £50,000.00 £80,000.00 £12,000.00 Total £255,000.00 £525,000.00 £940,000.00 £1,520,000.00 £2,992,000.00 Profit £295,000.00 £875,000.00 £2,710,000.00 £4,730,000.00 £9,758,000.00

Next Step

• Form a spin-out• No more research and development is needed• Time is important• IP protection is to be considered

We can start the business nowTrials are being set up in 3 local companies

Thanks!