Objective
Currently, worldwide societies demand more efficient, green and cost effective energy systems, as well as other countries demand off-grid electricity supply (Africa, South-America & some Asian countries). Besides, the EU has imposed strict goals on emissions and energy consumption until 2020, and prices of electricity are always increasing prejudicing European families.
The forecast for the energy storage market is $ 8 billion globally by 2026 presenting a very attractive forecast for the commercialization of STORELIO. STORELIO is an innovative system based on the electronic integration of various functions, presenting these main advantages: 1) Supply 100% energy from the sun. 2) The user will recover the investment in 4 years. Also Energy storage as a Service (ESaaS) is offered. 3) STORELIO can work off-grid. 4) Has a lifecycle of 20 years and does not require O&M expenditures. 5) Can be managed remotely. 6) European families can save a 95% compared to the current electric system bills. 7) Bidirectional communication with Smart home and Smart grid environments to optimize the energy consumption. The target market is the residential sector of European countries, where solar energy is already well developed or where regulations will favor domestic energy storage. Another target countries are the African ones with an especial goal placed on the off-grid possibility.
STORELIO creator is EasyLi, a French company expert in battery systems. The objectives to guarantee the technical and commercial viability of STORELIO are: develop a technical viability plan, a commercialization plan and freedom to operate analysis and a financial feasibility study.The Return of Investment is 2.2 by 2022 and the payback will be produced in 2021.
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: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
- engineering and technology environmental engineering energy and fuels renewable energy solar energy
- natural sciences chemical sciences electrochemistry electric batteries
- social sciences economics and business business and management business models
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering control systems home automation
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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.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
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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-2016-2017
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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.
86100 CHATELLERAULT
France
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.