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FERROHUB

Objective

Today’s energy grids are moving from a concentrated model to a distributed model. Renewable energy sources like solar PV and wind power systems are becoming increasingly popular, but also represent a challenge for energy grids. As a result, new more efficient energy structures are emerging, like Smart Grids, Micro Grids and Virtual Power Plants (VPP’s), but inverters on the market are not suitable, since they lack features such as integrated storage capabilities and bidirectional power flow. Another challenge the grid is facing is the spreading of electric vehicles and the electrification of transport in general, which calls for safe and quick vehicle charging.

Ferroamp Elektronik (Sweden) is proposing the FerroHub, an innovative electronic hub leveraging several patents, which fully supports smart grids. The solution incorporates a PV inverter, energy storage and the necessary hardware and software to handle power flow to and from the network, as well as other innovative technologies developed by Ferroamp that augment the stability of the power network and empower the users to gain control of their energy costs. Big loads (in the case of EV charging for example) will not be a problem anymore, since FerroHub can use the integrated storage to provide the excess power needed. Another advantage is the absolute scalability and flexibility of the FerroHub system with only three types of modules required for any installation.

The Phase 1 project will be focused on establishing a complete supply chain, a sound business model and commercialization strategy and to plan all activities for deploying a large scale pilot supported by an energy utility company/energy service provider. The SME Inission partners with FerroAmp as manufacturer of all electronic components in the FerroHub.

Fields of science (EuroSciVoc)

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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.

SME-1 - SME instrument phase 1

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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-SMEInst-2014-2015

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Coordinator

FERROAMP ELEKTRONIK AB
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.

€ 50 000,00
Address
DOMNARVSGATAN 16
163 53 Spanga
Sweden

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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
Region
Östra Sverige Stockholm Stockholms län
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.

€ 71 429,00

Participants (2)

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