IDP participates in the CircThread project funded by the EU and framed in the call “H2020-LOW-CARBON-CIRCULAR-INDUSTRIES-2020 of the Horizon 2020 Framework Programme for Research and Innovation.
CircThread, Building the Digital Thread for Circular Economy Product, Resource & Service Management has a budget of €9.8 million over 4 years and its main objective is to unlock access to product data and leverage it as information for decision making by all actors involved in the product life cycle.
CircThread will provide a framework to facilitate the exchange of information flows, governed by secure and reliable management standards, along the extended product life cycle chain: components, their materials, and chemicals, as well as information related to circularity, environment, society and economy.
The project will create a product data system on a cloud-based platform and will be implemented in 3 demonstration clusters in Italy, Slovenia and Spain, which will span the entire life cycle chain of household appliances (including washing machines and dishwashers) and energy systems (including boilers, photovoltaic systems and batteries) to test 7 circularity use cases and associated business models.
The purpose of the project is to enable better decision making that accelerates circularity and carbon emissions reduction, including:
- Increasing the lifetime of products through better understanding of usage failures and maintenance needs.
- Improving understanding of product quality at end-of-life for the repurchase of spare parts to encourage repair,
- Improve the assessment of circularity routes by waste management and recycling companies by providing improved data on product composition,
- Improve traceability of materials and identification of critical raw material cycles of products and components to make them safer,
- Providing direct access to product performance information to citizens and citizen organisations to improve their decision making.
The project involves a consortium of 30 top-level European companies and institutions from Spain, Turkey, Portugal, UK, Slovenia, Italy, Belgium, France, Ireland, Germany, Romania and Denmark.