Project description DEENESFRITPL 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. Show the project objective Hide the project objective 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 EU’s Green Deal targets and sustainable energy infrastructure. Fields of science engineering and technologyenvironmental engineeringenergy and fuelsrenewable energy Keywords sustainable battery economy battery re-use battery life-cycles electrical engineering inverter technology modular battery battery systems Programme(s) HORIZON.3.1 - The European Innovation Council (EIC) Main Programme HORIZON.3.1.2 - The Accelerator Topic(s) HORIZON-EIC-2021-ACCELERATORCHALLENGES-01-02 - Green Deal innovations for the Economic Recovery Call for proposal HORIZON-EIC-2021-ACCELERATORCHALLENGES-01 See other projects for this call Funding Scheme HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance Coordinator STABL ENERGY GMBH Net EU contribution € 2 052 714,00 Address RUPERT MAYER STRASE 44 81379 Munchen Germany See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Bayern Oberbayern München, Kreisfreie Stadt Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 2 932 449,00
