Community Research and Development Information Service - CORDIS

H2020

GESINNE PRO Report Summary

Project ID: 745341

Periodic Reporting for period 1 - GESINNE PRO (Intelligent Power Supply Regulator)

Reporting period: 2016-11-01 to 2017-02-28

Summary of the context and overall objectives of the project

THE BUSINESS OPPORTUNITY
Poor Power Quality and the costs associated to it in the Industry make urgent to find technological solutions to prevent the disturbances caused by them. Gesinne GSPro suppresses most of the disturbances caused by poor PQ which means the consequent cost saving for the clients.
OUR SOLUTION
Gesinne GSPro is an intelligent power supply system primarily target to low voltage facilities (industry, commerce, corporate and administrative facilities) aiming to improve the overall quality of the power supplied by the electricity grid in order to reduce energy consumption, protect loads and prevent shutdowns.
OUR COMPANY
Gesinne S.L. is a Spanish SME created in October 2014 by the Engineers Jesús Alonso Vallaure y Rafael Collantes with the aim of commercializing solutions to improve the quality of the power supplied by the electric grid worldwide.
OUR TARGET MARKET
Gesinne GSPro will focus on low voltage consumers (175 kVA to 1.600 kVA) who will benefit the most from the energy savings as well as the elimination of disturbances that result on remarkable annual economic losses.

Work performed from the beginning of the project to the end of the period covered by the report and main results achieved so far

Over the last four months we have carried out a feasibility report with technical, financial and commercial aspects including the following main tasks: 1) Present GESINNE PRO; 2) Technical analysis; 3) Market Analysis; 4)Business Plan and 5)IP protection.
Among the objectives achieved are the deeper knowledge of the market; the technical potential, risks and barriers of the Gesinne GSPro product and the business plan to be followed by our company.

Progress beyond the state of the art and expected potential impact (including the socio-economic impact and the wider societal implications of the project so far)

A ready-to-market product by the end of 2019 that will improve the overall quality of the power supplied by the electricity grid in order to reduce energy consumption (6%-17%), protect loads and prevent shutdowns.

Related information

Record Number: 198107 / Last updated on: 2017-05-16