Objective
The flexibility of the industrial electricity demand has been identified as a potential that through innovative business models can facilitate further growth of variable renewable energy, while reducing the industrial electricity costs and contributing to the European energy policy goals. In this project the large industry is working with the renewable energy community to identify and implement business models for supplying variable renewable electricity to industrial users with flexibility in their demand, creating win-win situations. Several variations of the business models will be described covering different options like on and off-site renewable energy production. The business models will be adapted to 5 industrial sectors (Chemicals, non-ferrous metals, cold storage, steel, and water treatment) and 6 target countries (Belgium, France, Germany, Italy, Spain and UK). Tools will be developed to facilitate adoption of the business models: Model contracts adapted to the target countries and the different business models and a methodology that assesses the flexibility in industrial units and its value within the business models. The methodology will be transferred to third parties and will be applied in 6 case studies covering all target sectors and countries. Recommendations for improvements in the regulatory and market framework will be formulated and promoted. A top-down and a bottom-up methodology will be used to quantify the potential for further cost-effective grid integration of variable renewable electricity by the exploitation of the industrial electricity demand flexibility. The use of a sophisticated power system model and detailed analysis will provide reliable data on the impact the policy recommendations could have. An ambitious campaign will be carried out for engaging the target groups in direct action implementing the business models and informing the interested actors about the project activities and results.
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
- social sciences economics and business business and management business models
- social sciences political sciences political policies civil society
- natural sciences computer and information sciences software software applications simulation software
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
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.3.3.2.4. - Develop geothermal, hydro, marine and other renewable energy options
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H2020-EU.3.3.7. - Market uptake of energy innovation - building on Intelligent Energy Europe
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H2020-EU.3.3.2.2. - Develop efficient, reliable and cost-competitive solar energy systems
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H2020-EU.3.3.2.1. - Develop the full potential of wind energy
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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.
CSA - Coordination and support action
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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-LCE-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.
81369 Muenchen
Germany
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.