EU has designed the energy challenge “Secure, Clean and Efficient Energy” in order to support the transition to a reliable, sustainable and competitive energy system. The rapid deployment of renewable energy systems already poses challenges for the electricity grid, which needs to adapt to increasingly decentralized and variable production (solar and wind). The deployment of electric vehicles and the electrification of transport poses another challenge, since today’s networks would not be capable of loading a vast amount of cars or powering fully electrified transport networks without failing. Smart grids are a solution to both of these problems. The deployment of smart grids is a priority for the EU, which has spent about €300 million on the research and development projects for modern electricity networks over the last decade and launched the European Electricity Grid Initiative (EEGI) for the same reason. The Commission will request Members States to produce action plans with targets for the implementation of smart grids. For consumers, smart electricity grids mean a shift from a passive receiver of electricity into an interactive participant in the supply chain. The solution proposed by Ferroamp is completely in align with the European policies, since it is a truly enabling technology for the smart grid. It perfectly complements any type of energy production installation turning it from passive to active and thus contributing towards the ambitious goals set by the EU.
The EU is tackling the challenge through a policy whose target is the transformation of the entire energy system, with far-reaching implications on how energy is sourced and produced, how it is transported and traded, and how it is used. In short, low-carbon technologies need to become affordable and competitive – a market choice. This is the core idea behind the European Strategic Energy Technology Plan (SET-Plan). One of the main external drivers is the “EU Energy and Climate Package” which has set out ambitious targets for 2020 and beyond: 20% of renewable energy sources in the EU 28 energy mix by 2020 and 27% by 2030 (today they account only for 6.5%). The easy to set-up, use and cost-effective FerroHub solution will encourage the households and the small commercial buildings to install and use the eco-friendly and low-carbon system.
The FerroHub innovation business project aims to significantly contribute to sustainability, resilience, reliability, security and survivability principles, for both target stakeholders – the end-users and distributors/installers. The overall objectives are to finalize the design of the FerroHub, demonstrate and validate its performance through multi-country pilot, establish a production line and obtain the CE mark as an electronic device.
