Objective RealValue aims to demonstrate how local small-scale energy storage, optimised with advanced ICT, could bring benefits to market participants throughout the EU. Smart Electric Thermal Storage (SETS) will be deployed in physical demonstration trials in 1250 homes in Germany, Latvia and Ireland but the analysis will also consider other storage technologies and energy vectors, including integration with district heating and micro-generation. SETS is a direct replacement for existing electric thermal storage heaters and water tanks with a combined load of 55GW across the EU. It can also replace direct electric resistance heaters with further connected load of 93GW. To validate the physical demonstrations at large scale RealValue will use modelling & virtual simulation to demonstrate the technical and commercial potential in millions of homes across representative EU regions. Thorough research studies are an integral part of RealValue and will include techno-economic and behavioural analysis that will be used to inform EU regulation and policy decision makers. RealValue will develop business models which quantify the potential of small-scale storage as an aggregated controllable load. It will provide system services or release value through price arbitrage within existing energy market structures, and highlight any barriers associated with integration into the electricity grid. The RealValue consortium is a truly cohesive partnership which has full participation and commitment from the whole energy supply chain. The consortium includes: technology developers (Glen Dimplex, Intel); energy system modelling specialists (UCD, DIW, RTU); energy market specialists (VTT); socio-economic experts (Oxford University); electricity network operators (ESBN, EirGrid) and energy utilities (MVV, SSE). RealValue is designed to accelerate innovation and develop business models necessary for small-scale storage, allowing it to form an integral part of the future EU energy landscape. Fields of science social sciencespsychologybehavioural psychologyengineering and technologyelectrical engineering, electronic engineering, information engineeringelectrical engineeringpower engineeringelectric power distributionengineering and technologymechanical engineeringthermodynamic engineeringsocial scienceseconomics and businessbusiness and managementbusiness modelsengineering and technologyelectrical engineering, electronic engineering, information engineeringelectronic engineeringsensors Keywords Household Thermal storage Grid integration Aggregation Value realisation Business modelling Demand response Smart metering Programme(s) H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy Main Programme Topic(s) LCE-08-2014 - Local / small-scale storage Call for proposal H2020-LCE-2014-2015 See other projects for this call Sub call H2020-LCE-2014-3 Funding Scheme IA - Innovation action Coordinator GLEN DIMPLEX HEATING & VENTILATION IRELAND UNLIMITED COMPANY Net EU contribution € 662 468,63 Address Barn road Dunleer louth Ireland See on map Region Ireland Eastern and Midland Mid-East 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 Other funding € 283 915,12 Participants (15) Sort alphabetically Sort by Net EU contribution Expand all Collapse all Third-party Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure. GDC GROUP LIMITED United Kingdom Net EU contribution € 912 538,38 Address Milbrook house grange drive hedge end SO30 2DF Southampton See on map Region South East (England) Hampshire and Isle of Wight South Hampshire 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 Other funding € 391 087,87 THE CHANCELLOR, MASTERS AND SCHOLARS OF THE UNIVERSITY OF OXFORD United Kingdom Net EU contribution € 527 092,50 Address Wellington square university offices OX1 2JD Oxford See on map Region South East (England) Berkshire, Buckinghamshire and Oxfordshire Oxfordshire Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 MVV ENERGIE AG Germany Net EU contribution € 682 281,25 Address Luisenring 49 68159 Mannheim See on map Region Baden-Württemberg Karlsruhe Mannheim, Stadtkreis 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 Other funding € 292 406,25 Third-party Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure. MVV NETZE GMBH Germany Net EU contribution € 87 937,50 Address Luisenring 49 68159 Mannheim See on map Region Baden-Württemberg Karlsruhe Mannheim, Stadtkreis 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 Other funding € 37 687,50 Third-party Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure. BEEGY GMBH Germany Net EU contribution € 532 952,88 Address L13 3-4 68161 Mannheim See on map Region Baden-Württemberg Karlsruhe Mannheim, Stadtkreis 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 Other funding € 228 408,37 Third-party Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure. SOLUVIA METERING GMBH Germany Net EU contribution € 137 297,13 Address Anderstrasse 71 63067 Offenbach See on map Region Hessen Darmstadt Offenbach am Main, Kreisfreie Stadt 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 Other funding € 58 841,62 EIRGRID PLC Ireland Net EU contribution € 113 706,25 Address Shelbourne road 160 ballsbridge the oval 4 Dublin See on map Region Ireland Eastern and Midland Dublin 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 Other funding € 48 731,25 TEKNOLOGIAN TUTKIMUSKESKUS VTT OY Finland Net EU contribution € 687 187,50 Address Tekniikantie 21 02150 Espoo See on map Region Manner-Suomi Helsinki-Uusimaa Helsinki-Uusimaa Activity type Research Organisations Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 ESB NETWORKS LTD Ireland Net EU contribution € 1 201 116,88 Address Lower mount street clanwilliam place clanwilliam house 2 Dublin See on map Region Ireland Northern and Western Border Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 514 764,37 UNIVERSITY COLLEGE DUBLIN, NATIONAL UNIVERSITY OF IRELAND, DUBLIN Ireland Net EU contribution € 1 180 097,50 Address Belfield 4 Dublin See on map Region Ireland Eastern and Midland Dublin Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 DEUTSCHES INSTITUT FUR WIRTSCHAFTSFORSCHUNG DIW (INSTITUT FUR KONJUNKTURFORSCHUNG) EV Germany Net EU contribution € 966 965,00 Address Mohrenstrasse 58 10117 Berlin See on map Region Berlin Berlin Berlin Activity type Research Organisations Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 SSE AIRTRICITY LTD Ireland Net EU contribution € 2 107 081,20 Address Red oak south south county business park leopardstown 18 Dublin See on map Region Ireland Eastern and Midland Dublin 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 Other funding € 903 034,80 INTEL RESEARCH AND DEVELOPMENT IRELAND LIMITED Ireland Net EU contribution € 921 197,38 Address Collinstown industrial park W23 Leixlip See on map Region Ireland Eastern and Midland Mid-East 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 Other funding € 394 798,87 GLEN DIMPLEX DEUTSCHLAND GMBH Germany Net EU contribution € 635 192,25 Address Am goldenen feld 18 95326 Kulmbach See on map Region Bayern Oberfranken Kulmbach 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 Other funding € 272 225,25 RIGAS TEHNISKA UNIVERSITATE Latvia Net EU contribution € 632 317,50 Address Kipsalas iela 6a 1048 Riga See on map Region Latvija Latvija Rīga Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00
