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Completed PROJECT GRANT Swedish Research Council

JPM-pinpoint Jensen Predictive Maintenance

20M kr SEK

Funder Swedish Energy Agency
Recipient Organization Arne Jensen Ab
Country Sweden
Start Date Feb 01, 2021
End Date Jun 30, 2022
Duration 514 days
Data Source Swedish Research Council
Grant ID P51260-1_Energi
Grant Description

JPM pinpoint solves the challenges of reducing hot water losses from district heating networks, but above all, the ticking bomb is disarmed - the growing maintenance debt to modernize the pipeline network. For decades, much of today's management network has been depreciated, but the rate of reinvestment is minimal.

The maintenance debt is estimated to amount to more than SEK 100 billion in Sweden alone.

The paradox is that once you dig up old pipes, 98% is in good condition and could be kept in operation for decades, maybe 100-years.

JPM pinpoint offers predictive condition monitoring which, with sensor boxes and algorithms, analyzes data that can select the 2% of the pipes in need to be replaced.

The customer value, the savings, for a medium-sized energy company can amount to almost SEK 200 million per year, with a payoff time of far less than one year.

This "conservation economy" supports transformation to circular economy, more specifically the phasing out of fossil fuels.

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