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Waste Heat Generator free electricity for industry There are currently no reviews for this Innovation.
| Waste Heat Generator
free electricity for industry |
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This system provides sustained, environmentally friendly free energy from any low temperature source. |
Annual Sales Forecast for USA * | Innovation Status |
Idea |
Sales & Marketing Support Level |
Conservative 80% odds of selling |
Most Likely 50% odds of selling |
Aggressive 20% odds of selling |
Development Status |
Proprietary Protection Status |
Concept Score |
| Ultra Low |
$2 |
$170,000 |
$1.5 M |
2 of 5
Successful Prototypes
|
2 of 5
Patent Pending
|
53 29 is Average
|
| Low Support |
$2.0 M |
$6.9 M |
$18.8 M |
| Medium Support |
$15.7 M |
$50.0 M |
$115.6 M |
| High Support |
$41.5 M |
$133.1 M |
$310.1 M |
Remaining Time & Cost to First Sale |
| Ultra High |
$77.3 M |
$253.5 M |
$571.3 M |
6 mos-1 yr
|
$100k-$1M
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Waste Heat Generator
- free electricity for industry
Final Decision Maker: Energy producers
The Waste Heat electric generator is a revolutionary new concept that converts low temperature waste heat (as low as 120degF) directly to free electricity. The system is new in that it uses low temperature heat from industrial processes that has previously been discarded as waste. This system uses this low temperature heat source in way that has never been before possible. Engineering experts are claiming that this system is as close to breaking the 2nd law of Thermodynamics as anything the energy world has ever seen. Experts from Energy Producing, Energy Technology companies, and the Engineering community have said that this is now 'blurring' the line of possibilities. The process is environmentally safe with no ozone depleting elements, unlike other 'low' temperature energy conversion cycles. Benchtop testing has delivered a sustained 40VDC output at 4amps with a 120degF energy source.
| $30,000 for 10kw generator | Seeking: Purchase, Investment, Distribution, Manufacturing/R&D |
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* Consumption sales forecast. Does not include "Random" events or "Inventory Fill". Forecast is for Year 1 for Large or Year 2 for Small Companies.
Forecast should be read as ..."With Low marketing support there is an 80% odds of achieving sales of at least... |
| Listing #: USA.76.052909.002 |
Page 1 of 5 |
Date Posted: 2009-06-03 |
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| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
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Report Assumptions and Inventor(s) Commentary
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| Inventor(s) Assumptions |
"Most Likely" Estimate |
Confidence |
Inventor(s) Commentary Data Source or Basis for Assumptions |
| # of Possible Final Decision Makers |
600 |
60% |
There are over 800 energy producers in the country. Energy Central Network reports that there is over a $200Billion annual loss in energy that could be utilized by this system.
|
| Revenue per First Purchase |
$60,000.00 |
50% |
System has been sized to 10kw, but can be scaled for much larger applications, as in power generating plants. |
| % that will Repeat |
85% |
60% |
This product is expected to be tested on smaller scale units and is expected to have a large repurchse rate of units and ip technology. |
| Number of Annual Repeats |
3 |
50% |
Repeat business is expected to be brisk challenges in the supply chain. |
| Revenue per Repeat Purchase |
$1,500,000.00 |
60% |
Repeat purchases are expected to be significantly greater in number after the first has been proven out. |
| Reseller (Trade) Margin |
N/A |
N/A |
|
| Producer Profit (EBITD) |
60% |
60% |
The revolutionary technical aspect of this product begs a significantly larger profit margin than the targeted industry averages. |
| |
| Innovation Status |
|
Development Status |
2 of 5
Successful Prototypes
|
Prototype is in the fourth generation. Tests have proven successful in converting low temperature waste heat (120degF) into electricity. |
| Cost to First Sale (remaining) |
$100k-$1M |
60% |
Expenses include final design, testing, and small quantity manufacture. |
| Time to First Sale (remaining) |
6 mos-1 yr |
60% |
Inventor feels that the concept is at 90% completion - completed proof testing. Remaining work left is to engineer the most efficient coupling of motor/generator/heat exchangers. |
| Confidence in Concept Claims made in description |
60% |
The prototype testing has confirmed that the system works and produces usable energy. Benchtop testing has delivered a sustained 40VDC output at 4amps. |
Proprietary Protection Status |
2 of 5
Patent Pending
|
Inventor has two other provisional patents on different innovations. |
| Concept Score & Diagnostics |
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| Concept Diagnostics |
Red |
Yellow |
Green |
| Percentile Group |
Bottom 40% |
Middle 40% |
Top 20% |
| Overt Benefit |
|
 |
|
| Reason to Believe |
 |
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| Dramatic Difference |
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 |
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| Listing #: USA.76.052909.002 |
Page 2 of 5 |
Date Posted: 2009-06-03 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
Inventor Commentary & Alternative Development Scenarios
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| Inventor(s) Sales Goals |
| Minimum Goal |
$100 M |
Current GOAL |
$300 M |
Inventor(s) Commentary: This product and system has been initially seen with extreme pessimism by member of the industrial and scientific communities. After the system was demonstrated successfully, all of the naysayers have changed their views. They have walked away as true believers. The business is experiencing a large number of interested technical parties and energy producers at this time. |
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CURRENT SALES FORECAST |
Sales & Marketing Support Level |
Conservative 80% odds of selling |
Most Likely 50% odds of selling |
Aggressive 20% odds of selling |
| Ultra Low |
$2 |
$170,000 |
$1.5 M |
| Low Support |
$2.0 M |
$6.9 M |
$18.8 M |
| Medium Support |
$15.7 M |
$50.0 M |
$115.6 M |
| High Support |
$41.5 M |
$133.1 M |
$310.1 M |
| Ultra High |
$77.3 M |
$253.5 M |
$571.3 M |
If MARKETING CONCEPT Improved (Increase Concept Score by +20 Points) |
Sales & Marketing Support Level |
Conservative 80% odds of selling |
Most Likely 50% odds of selling |
Aggressive 20% odds of selling |
| Ultra Low |
$3 |
$250,000 |
$2.2 M |
| Low Support |
$2.7 M |
$9.6 M |
$25.7 M |
| Medium Support |
$21.8 M |
$68.8 M |
$160.2 M |
| High Support |
$58.8 M |
$185.7 M |
$429.3 M |
| Ultra High |
$107.6 M |
$348.3 M |
$787.5 M |
If PRODUCT/SERVICE Improved (Increase Repeat Rate & Number of Repeats by 30% and Revenue Per Purchase 20%) |
Sales & Marketing Support Level |
Conservative 80% odds of selling |
Most Likely 50% odds of selling |
Aggressive 20% odds of selling |
| Ultra Low |
$4 |
$340,000 |
$2.9 M |
| Low Support |
$3.8 M |
$14.0 M |
$37.7 M |
| Medium Support |
$30.1 M |
$99.1 M |
$238.4 M |
| High Support |
$84.7 M |
$270.0 M |
$620.0 M |
| Ultra High |
$150.6 M |
$484.5 M |
$1.1 B |
If MARKETING CONCEPT and PRODUCT/SERVICE Improved (Increase Concept +20 Points, Repeat Rate & Number of repeats by 30% and Revenue per purchase 20%) |
Sales & Marketing Support Level |
Conservative 80% odds of selling |
Most Likely 50% odds of selling |
Aggressive 20% odds of selling |
| Ultra Low |
$6 |
$500,000 |
$4.3 M |
| Low Support |
$5.3 M |
$19.0 M |
$50.0 M |
| Medium Support |
$42.6 M |
$138.2 M |
$321.0 M |
| High Support |
$116.8 M |
$374.5 M |
$856.0 M |
| Ultra High |
$222.5 M |
$707.3 M |
$1.6 B |
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| Listing #: USA.76.052909.002 |
Page 3 of 5 |
Date Posted: 2009-06-03 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
Additional Details
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| Fair Market Royalty (%) |
| |
Conservative - 80% Odds Royalty Percentage |
Most Likely - 50% Odds Royalty Percentage |
Aggressive - 20% Odds Royalty Percentage |
| At CURRENT State & Status |
6.6% |
8.9% |
11.5% |
Sales & Marketing Support Level |
Annual Inventor Royalty Revenue |
3 Year Value to Inventor If 50% Odds |
| 80% Odds |
50% Odds |
20% Odds |
| Ultra Low Support |
$18,000 |
$47,000 |
$89,000 |
$140,000 |
| Low Support |
$310,000 |
$730,000 |
$1.3 M |
$2.2 M |
| Medium Support |
$2.1 M |
$4.9 M |
$8.3 M |
$14.6 M |
| High Support |
$5.7 M |
$12.9 M |
$22.4 M |
$38.8 M |
| Ultra High Support |
$10.4 M |
$24.0 M |
$41.7 M |
$71.9 M |
| Sales & Marketing Support Level Assumptions |
| Sales & Marketing Support Level Assumptions |
Sample Numbers |
% Aware x % Distribution (Aware & Able) |
Inventor Confidence |
| % Distribution |
% Awareness |
| Ultra Low Support (Word of Mouth) |
5% |
3% |
0.2% |
N/A |
| Low Support (Small Company) |
20% |
10% |
2% |
% |
| Medium Support (Medium Sized Company) |
50% |
25% |
13% |
N/A |
| High Support (Large Company) |
75% |
45% |
34% |
N/A |
| Ultra High Support (Mega or Niche) |
90% |
70% |
63% |
N/A |
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Graph of EQUIVALENT (Awareness x Distribution) Combinations
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NAICS Industry Codes For This Invention |
| 32731 - Cement Manufacturing |
| 32721 - Glass and Glass Product Manufacturing |
| 32411 - Petroleum Refineries |
| 32211 - Pulp Mills |
| 22111 - Electric Power Generation |
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| Patent Numbers that apply to this Product/Service |
| 61/097,742 |
| 61/105,162 |
| |
| |
| |
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| Inventor(s) PEDIGREE |
| Years EXPERIENCE in related industry |
10 |
| GRANTED Patents |
0 |
| Licensing Deals SIGNED |
0 |
| Innovations that have SHIPPED |
1 |
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For USA Patents: Utility Patent = 7 digit number, Design Patent starts with D, Planet Patent starts with PP. Provisional Application "61/xxx,xxx", Non provisional application "12/xxx,xxx", Design patent application "29/xxx,xxx"
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CAUTION: This Merwyn Business Simulation Research Report includes no warranty or guarantee. Results and opinions should be considered rough and directional in nature. This is because the report is based upon inventor-supplied data and simplified modeling methods. If you are looking to invest, distribute, purchase or become involved with this innovation, in any way, we strongly urge you to validate the inventor data and sales forecasts BEFORE committing yourself or your resources. Merwyn Research, Inc. shall not be responsible for any liability or damages arising out of the failure to perform such investigation and validation. Changes in the concept description, product, pricing, or input assumptions will almost certainly change results.
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| Listing #: USA.76.052909.002 |
Page 4 of 5 |
Date Posted: 2009-06-03 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|
Additional Forecasts for Other Countries
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Annual Sales - Probability Forecast - Canada |
Sales & Marketing Support Level |
Conservative 80% odds of selling |
Most Likely 50% odds of selling |
Aggressive 20% odds of selling |
| Ultra Low |
$0 |
$28,000 |
$250,000 |
| Low Support |
$320,000 |
$1.1 M |
$3.0 M |
| Medium Support |
$2.5 M |
$7.9 M |
$18.3 M |
| High Support |
$6.6 M |
$21.1 M |
$49.1 M |
| Ultra High |
$12.3 M |
$40.2 M |
$90.6 M |
Annual Sales - Probability Forecast - United Kingdom |
Sales & Marketing Support Level |
Conservative 80% odds of selling |
Most Likely 50% odds of selling |
Aggressive 20% odds of selling |
| Ultra Low |
$1 |
$49,000 |
$440,000 |
| Low Support |
$560,000 |
$2.0 M |
$5.3 M |
| Medium Support |
$4.4 M |
$14.1 M |
$32.5 M |
| High Support |
$11.7 M |
$37.4 M |
$87.2 M |
| Ultra High |
$21.7 M |
$71.3 M |
$160.7 M |
Forecast are calculated based on population, (PPP) purchasing power parity, International Trade, Urbanization and the Human Growth Index.
Forecast can be skewed for some industries, so for best results, adjusting the number of final decision makers for every country is recommended.
| Listing #: USA.76.052909.002 |
Page 5 of 5 |
Date Posted: 2009-06-03 |
| ©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911 |
|