Compressed air systems are one of the most inefficient systems found in the industry and yet vastly used in all industrial plants such as dairy, plastic, paper etc, where it can constitute up to 20% of the overall energy consumption.
Augwind's solution provides a vast compressed air storage volume, specifically and optimally designed to meet the factory air consumption pattern, reducing the inherit compressed air system inefficiencies from both economical and ecological perspectives.
When integrated, Augwind's solution can save up to 50% of power consumption to the air delivery system.
Augwind's units have managed to save millions of dollars of wasted energy by improving compressed air systems efficiency in addition to high operational benefits such as: pressure stabilization, improved air quality, and emergency compressed air storage
The market volume for AirSmart in Israel is estimated at $100 million with an annual growth of 3%, while the global volume is estimated to be billions of dollars with industrial air compressor market revenue expected to surpass $24 billion by 2026.
In April 2016, the Israeli government approved a plan to promote the national target for greenhouse gas emissions, The State of Israel Committed to this plan in the Paris Climate Conference in December 2015. As part of the program, the Israeli government will grant energy efficiency projects.
Augwind's storage system enables its customers to reduce electricity consumption of compressed air in their plant and therefore, to perform energy efficiency processes that are reflected, among other things, in reducing greenhouse gases and emissions. Therefore, industrial establishments that choose to purchase Augwind's storage system may receive a participation grant of 20% of the product cost, granted by the State of Israel (under certain conditions, up to 40% while demonstrating the use of innovative Israeli technology).