ESP8266 howto reset eeprom and correct settings for arduino IDE

I have got a heatpump monitor… and some how the ESP8266 is not working…

got the following settings:

and the sketch folder looks like this:

can anybody confirm that the settings in arduino IDE are correct…

and could sombody please guide me to wipe eeprom…

I am on a sharp deadline… I need to get the Heatpump module working… due to the fact that I have a big amount of funds that must be spent before the 1st of June… and it would be a shame to spend money on modules that do not work in this plant…

I like the specs on this module due to the fact it has a Mbus module that works in conjunction with a Kamstrup energi meter… and I need to log 3 heatpumps, 3 solar panels… some other water based energy storange…

regards
Henrik