Objective
The overall project objective is to successfully develop and to scale up for market readiness, a sophisticated voltage optimisation system that can reduce electrical energy consumption by up to 20%. The EU consume 3,361.69 TWh of electricity p.a and that is growing, as is our reliance on imported energy. EU supply standard EN 50160 has been harmonised at a single phase line voltage of 230Vac ±10%, Consequently actual voltages differ significantly across Europe with from 220Vac, through 230 to 240Vac, with peak mean voltages up to 253Vac. Whilst initially perceived as a UK issue, there are in fact 11 EEA countries which have an upper limit of 230V +10%, and another 13 to follow. The Business Opportunity is that virtually all European electrical equipment is designed to operate most efficiently at 220Vac. This ‘over voltage’ leads to inefficiency and losses, (heat, eddy currents, magnetic hysteresis), increased energy bills, increased maintenance, down-time and reduced equipment life. These problems can be solved by reducing and stabilising the line voltage at the point of use, results in energy savings up to 20% if the input line voltage is 253V (230V+10%), thus representing a significant opportunity to reduce electricity bills. As we will demonstrate in section 1.4 conventional solutions and the current state of the art, do not fully solve this problem and have a number of limitations. There is therefore an urgent, unmet need for a system to reliably optimise electrical energy savings and provide a rapid return on investment for the customer. Our breakthrough solution is novel, patent protected and tested at lab scale. We initially require help to undertake a feasibility study to elaborate and de-risk our business plan. If successful we will unlock a market opportunity of €70m, create 70 jobs, reduce energy costs by €228m and CO2 by 272,270 tonnes 5 yrs post project. Ultimately helping Europe achieve demanding 2020 targets.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology environmental engineering energy and fuels renewable energy
- engineering and technology electrical engineering, electronic engineering, information engineering electrical engineering power engineering electric power distribution
- social sciences sociology governance crisis management
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2014-2015
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
RG14 5DU Newbury
United Kingdom
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.