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Researchers develop a tool which will allow industries to save an average of 15 % on electricity bills

Contributed by: RUVID

Researchers of the Universitat Politècnica de València (UPV) have developed an IT tool that will enable industries to save an average of 15 % average saving on their electricity bills. This work is part of the European project DRIP (Demand Response in Industrial Production), coordinated by RWE.
According to Carlos Álvarez, researcher at the Instituto de Ingeniería Energética of the UPV, the aim of DRIP is for companies to consume energy more efficiently and, at the same time, achieve maximum savings on their bills. The project suggests a new demand management scenario, in which companies will participate in the energy and electricity systems operating markets, becoming resource suppliers.

'With this project we want to promote the necessary regulatory changes so that companies with distributed generation resources -photovoltaic panels, wind turbines, etc.- or with the capacity to make their consumption more flexible –with isolated power cuts or drops in demand– can participate in the management processes of the electricity system, offer its energy and receive a payment for it. This will all result in savings on their electricity bills', says Carlos Álvarez.

The tool tests in which processes a company can make its energy demand more flexible, reduce its consumption and offer energy to the market. The user has to enter the consumption of the different processes and the total consumption of the company, as well as the processes in which the supply can be cut or lowered, and for how long. Moreover, it must indicate the number of supply cuts or interruptions that it could withstand and how long in advance it needs to be notified before the supply drop or cut; according to that time, the financial compensation would be higher or lower.

'The tool determines the costs associated with each reduction or increase in consumption and, according to the different prices of the operating markets, it estimates the financial benefits linked to the energy production and consumption planning', explains Carlos Álvarez.

The tool has been tested in four European companies: in Spain, in a meat-producing plant and in a logistics centre; in Germany, in a paper company; and in the Netherlands, in another meat-producing company. 'The saving on their electricity bills which resulted from the application of this tool was around 15 %', says Carlos Álvarez.

http://youtu.be/rIYeA-ucPqY

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