Tüpraş has been entitled by Europe’s most important research and innovation program as the Turkish industrial corporation to receive the highest incentive with its R&D project named BAMBOO.
Tüpraş received the highest incentive as a single project within the scope of the European Union Horizon 2020 R&D and Innovation Program from the European Commission.
Tüpraş R&D Center was among the partners of the “BAMBOO” (Boosting new Approaches for Flexibility Management By Optimizing process Off-gas and waste use) project which aims to commercialize the technologies that will provide resource and energy efficiency in energy intensive industries within the scope of the EU Horizon 2020 program. Tüpraş became the first Turkish company to qualify for the highest incentive rate in the Horizon 2020 program with a budget of € 2.2 million, 50% of which was funded by the European Union.
The project, which will generate electricity from waste heat, stands out with its energy efficiency and environmental impact.
Izmir Refinery will be the first user of the project which will combine Tüpraş’s refining expertise with Europe’s leading companies’ expertise in energy systems to develop an innovative ORC system providing electricity generation from the waste heat source. Within the scope of the project, an energy generation facility based on the Organic Rankine Cycle (ORC) technology will be established at the Tüpraş İzmir Refinery U-100 Crude Oil Unit, which will generate approximately 1 MW of electricity from the waste heat.
Tüpraş will also take an important step towards increasing energy efficiency and reducing carbon emissions. Within the scope of the BAMBOO project which will be put in practice with the partnership of 19 different organizations from 9 countries with a total budget of € 18.7 million, the implementation of new technologies will be carried out in four different energy intensive industries (steel, refining, paper and mineral) to recycle the waste heat.