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Fast and versatile real-time balancing of electricity demand flexibility: shaping a clean and levelled power grid in Europe

Project description

Preparing today's electricity grid for the future

Today's flexible electric resources are increasingly connected to the distribution grid. To ensure a high level of service there is a need to manage their level of consumption / injection to the grid. What this means is that electricity usage or production of these resources can be curtailed, advanced or postponed based on the needs of the grid. Funded by the European Innovation Council, the Flex4Scale project will integrate a series of low-powered flexible resources into the electricity system. Specifically, it will develp a modular and intelligent software platform that efficiently controls a diverse network of flexible resources in multiple markets and countries. In turn, the resource owners will be paid for contributing to the stability of the electricity system.

Objective

Our solution prepares the electricity grid for a 100% renewable future. It manages the power consumption of connected electric devices in real-time to ensure that electricity supply and demand remain closely matched. This is achieved by temporarily curtailing, advancing, or postponing the electricity usage of these devices depending on the availability of electricity in the grid. Importantly, by using relatively simple and low-cost hardware to integrate the devices into a large network that is driven by our powerful cloud-based intelligent software platform, our technology can (cost)effectively control large and diverse networks of electric devices, even those with relatively low power consumption (down to 10kW). The owners of these electrical devices in turn get paid for contributing to grid stability. As our solution will exist of a modular framework it allows rapid expansion to different flexibility products and adjustment to national technical and regulatory requirements in Europe.

Fields of science (EuroSciVoc)

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Programme(s)

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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.

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-2021-ACCELERATORCHALLENGES-01

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Coordinator

SYMPOWER BV
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.

€ 1 968 247,75
Address
Prins Hendrikkade 183
1011 TD Amsterdam
Netherlands

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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
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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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.

€ 3 295 105,00

Participants (3)

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