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New Cost Efficient Business Models for Flexible Smart Grids

Objective

NOBEL GRID will develop, deploy and evaluate advanced tools and ICT services for energy DSOs cooperatives and medium-size retailers, enabling active consumers involvement –i.e. new demand response schemas – and flexibility of the market – i.e. new business models for aggregators and ESCOs.

Through the dual-use of telecommunication networks, and validating the integration of renewable generation presence and demand response systems, NOBEL GRID will offer advanced services to all actors in the retail markets of the electricity system in order to ensure that all consumers will benefit from cheaper prices, more secure and stable grids and low carbon electricity supply.

The project results will be demonstrated and validated in real world environments with active involvement of all the actors, and based on the new business models defined during the project.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

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.

IA - Innovation action

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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) H2020-LCE-2014-2015

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Coordinator

ETRA INVESTIGACION Y DESARROLLO SA
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.

€ 1 446 443,96
Address
CALLE TRES FORQUES 147
46014 Valencia
Spain

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Region
Este Comunitat Valenciana Valencia/València
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
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.

€ 2 066 348,51

Participants (25)

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