Objective
The objective of this project is to analyze the commercial and technical feasibility of the upscale of an energy sensing disaggregation system coupled with an innovative family eco-feedback.
Our sensing system ENERGY SPECTRUM is capable of disaggregating home energy consumption using a low-cost and effective non-intrusive approach costing less than most of our competitor solutions. The sensing system is coupled with a middleware web system that supports novel eco-feedback strategies that are meaningful and compelling for families and households.
Our real world test beds (demonstrate a potential for improvement in energy conservation efficiency by 42% with a long-term impact (our competitors claim increases between 4-20% with known problems of relapse in conservation activities).
Our company, PRSMA (the commercial name of Bright Curiosity, LDA) is a spinoff SME created by a research team at M-ITI associated with an entrepreneur from the energy and electronics industry. Our aim is to commercialize ENERGY SPECTRUM, an energy disaggregation system coming out of a successful transnational research project involving teams in Europe (Madeira/Portugal) and the USA (Carnegie Mellon University). The ownership and IPR of this result has been transferred by the research organization to PRSMA. The research underlying this initiative was extensively published in international conferences and journals and awarded by the “IFIP Conference on Sustainable Internet and ICT for Sustainability”
Three potential customers have already demonstrated their interest in the project outcome, including EDP, an international Utility with more than 10 million customers and present in the markets of EU, USA and Brazil.
The aim of ENERGY SPECTRUM is to reach 1% of a specific EU niche mark (family households with 3-5 members) and achieve a yearly profit of 10,2 million Euros, five years after the ENERGY SPECTRUM commercialization starts. We forecast to enter in USA market in 2022.
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 civil engineering urban engineering smart cities
- natural sciences computer and information sciences software
- social sciences economics and business business and management entrepreneurship
- social sciences sociology family studies
- social sciences economics and business business and management business models
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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.
9020-105 Funchal
Portugal
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.