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Plexigrid: Plexar Operated Grids

Project description

New operating system transforming future electricity grids

Spain-based company Plexigrid is pioneering the development of an operating system for future electricity grids, establishing a new value chain for electricity distribution. This innovative system, funded by the European Innovation Council, should enable producers, consumers and grid operators to interact in real time to help optimise energy usage and grid infrastructure. By coordinating devices such as electric vehicles, heat pumps, and solar panels, this solution aims to save hundreds of billions of euros annually in energy costs and grid fees. Key features include ARI, for real-time network visibility, TATARI, for real-time grid analytics, and TIA for real-time access to flexibility. These capabilities should allow grid operators to efficiently manage grid capacity.

Objective

"Plexigrid - Plexar Operated Grids

Plexigrid is creating a new value chain since it is building the Operating System for tomorrow's electricity grid. This system enables a new value chain for electricity distribution, where producers, consumers, grid operators... and their devices (EVs, heat pumps, batteries, AC units, solar PV, transformers, smart meters...) interplay in real time to optimise energy usage and the utilisation of the electricity grid infrastructure. By automatically adapting the flexible consumption/production/storage of these players, this dual ""grid+energy"" optimisation would reduce hundreds of billions of euros annually in energy savings and grid fees. The elements of this future value chain are already there (consumers, producers, retailers, grid operators... and their wind, solar, PV, EVs, heat pumps, AC units, batteries, smart meters...) but the real time synapsis and orchestration of these hundreds of millions of devices requires a layer of intelligence which does not exist today.

Our solution is a new grid operating system that makes electricity distribution grids fit for the energy transition, i.e. fit for a safe, intelligent and efficient orchestration of the hundreds of millions of EVs, heat pumps, PV panels, that electricity grid operators will have to host in their grids. Our technology provides grid operators with 3 superpowers: 1) ARI- Real-time visibility across the whole network (today grid operators have limited to no visibility below 20,000 volts, where the vast majority of the new demand has to be hosted) 2) TATARI- Real-time grid analytics (grid operators lack real-time analytics under 20,000 volts) 3) TIA- Real-time access to flexibility (i.e. to the flexible scheduling EV charging, heat pumps,) Our solution enables an optimal use of grid capacity and saves hundreds of billions of in CAPEX/OPEX for grid operators and their customers."

Keywords

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

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.

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.

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.

(opens in new window) HORIZON-EIC-2023-ACCELERATOR-01

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Coordinator

PLEXIGRID SOCIEDAD LIMITADA
Net EU contribution

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.

€ 1 777 795,14
Address
CALLE PEDRO PUIG ADAM S N ESPACIO TECNOLOGO CAMPUS
33204 GUIJON
Spain

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Noroeste Principado de Asturias Asturias
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

€ 3 512 000,01

Participants (1)

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