Project description
Electric vehicles powering grid solutions
As the adoption of electric vehicles (EVs) accelerates, concerns about the strain on the electric grid mount. The influx of EVs charging simultaneously poses challenges for grid operators in managing demand spikes and maintaining stability. Without solutions, this could lead to increased grid instability, higher costs for grid management and hinder the transition to cleaner transportation. In this context, the EIC-funded VPPofEVs project develops a plug-and-play virtual power plant. It offers a platform for smart charging, connecting EVs to energy markets. This platform enables demand response and peak-shaving, optimising grid management for distribution system operators and transmission system operators. Using machine learning forecasting, project coordinator Deftpower extracts flexibility from EVs. EV owners benefit by monetising their vehicles for grid balancing.
Objective
Deftpower will develop, bring to market and scale across Europe an innovative plug-and-play virtual power plant of electric vehicles. To its customers, Deftpower offers a SaaS platform as a white label charging app for normal and smart charging, connecting EV drivers to charge points and energy markets in Europe. The platform can influence the charging cycle, enabling demand response and peak-shaving, which will make grid management for DSOs and TSOs more cost efficient. Through developing the platform with a machine-learning based forecasting model, Deftpower can extract and trade flexibility from EVs. Grid operators can access this flexibility and use it to maintain a stable and reliable grid. EV owners can monetize their vehicles by providing them for grid balancing, being rewarded through Deftpower’s service. By ensuring that EVs are not only a cleaner mode of transportation, but also a key player in providing flexibility to the grid, Deftpower is helping to accelerate the transition to a more sustainable future by reducing the costs of EVs, avoiding costly grid investments and shifting the demand of electricity to moments in the day where electricity is cleaner. The latter will also improve the ROI on green energy investments such as wind and solar power generation.
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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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HORIZON.3.1 - The European Innovation Council (EIC)
MAIN PROGRAMME
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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.
HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance
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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) HORIZON-EIC-2023-ACCELERATOR-01
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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.
6827AV ARNHEM
Netherlands
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.