Project description
Preparing for the rise in battery energy storage systems
The EU has set the goal of ensuring that 32 % of its gross final energy consumption comes from renewable sources by 2030. It’s also targeting a 50 % reduction in greenhouse gas emissions. Achieving these goals means demand for battery energy storage systems (BESS) will increase. As such, suitable reuse technologies for old batteries are needed to reduce the accumulation of end-of-life battery systems waste. The EU-funded SMART BATTERY project proposes a disruptive technological innovation that allows module-level control of BESS through novel inverter hardware and smart algorithms. SMART BATTERY extends the life cycle of batteries up to 15 years, and allows for deep battery analytics, remote operation and performance predictions. Project work will significantly contribute to the EU’s sustainable energy infrastructure.
Objective
The EU has targeted renewable energy shares of 32% and a 50% reduction in GHG emissions by 2030 which has to lead to an exponential growth in the demand for battery energy storage systems (BESS). Without suitable re-use technologies for old batteries, 95% of all end-of-life battery systems will be disposed of and the EU will accumulate 250k tonnes of waste by 2025.
STABL has developed and patented SMART BATTERY, a disruptive innovation that allows the module-level control of BESS through novel inverter hardware and smart algorithms. This approach enables the lifecycle extension of batteries by up to 15 years as well as efficiency increases, deep battery analytics, remote operation and performance predictions while cost savings reach 90%.
With a 1.2bn business opportunity in the inverter markets, this project is critical to accelerating STABL's development work and we expect to significantly contribute to the EUs Green Deal targets and sustainable energy infrastructure.
Fields of science (EuroSciVoc)
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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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HORIZON.3.1.2 - The Accelerator
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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-2021-ACCELERATORCHALLENGES-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.
81379 MUNCHEN
Germany
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.