Project description
Revolutionary second-life battery energy storage solution
Battery technologies have gained significant importance due to the increasing demand for electric vehicles and renewable energy sources such as solar panels. In response to this need, innovation is essential. Funded by the European Innovation Council, the iBEMS-SeLiBat project will focus on developing and introducing a revolutionary second-life battery energy storage system that incorporates a state-of-the-art battery energy management system. This innovative solution leverages data collected by the energy management system to create digital twins and acquire critical insights. This data-driven approach is essential to extending the lifetime of the battery and predictive maintenance. The ultimate goal of the project is to increase the technology readiness level of the system from 5 to 8, making it market-ready.
Objective
Octave’s product consists of a second-life battery energy storage system equipped with Octave’s cutting-edge battery and energy management technology. The novel technology relies on a deep integration of the battery management system and the energy management system. It makes the raw battery cell measurements available for optimisation of the battery system’s charging strategy. The data are sent to Octave’s battery cloud, where it is used in advanced machine learning methods and digital twins of the cells are created to extract useful insights.
This innovative technology opens up a range of improvements in the operation of the system such as optimal control, extended lifetime, improved monitoring and enables predictive maintenance. It is particularly useful for second-life battery storage.
The goal of this project is to bring Octave’s product to the market by lifting the technological readiness from TRL 5 to 8 and prepare the go to market via the blended finance modality.
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-2022-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.
1000 BRUSSELS
Belgium
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.