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Boosting Energy Efficiency Trough Social Smart Grid Network

Objective

Since 1995 Fractalgarden has successfully introduced in the Italian market products in the energy monitoring field. ASCOEL is an established SME with more than 20 years of experience in the design and manufacturing of microprocessor-based products. Our companies have been partners in the last years for the development of the ERMES 3.0 datalogger. With the ambition to gain visibility on the market and increase our turnover, we have decided to join capacities again to upgrade this system to a more extended solution: SocialSmartGrid. Recent studies states that the market for home energy management products and services as SocialSmartGrid is gathering momentum and its revenue is expected to grow from 528 € million in 2013 to over 3.000 M€ in 2020 at a compound annual growth rate of 15.2%. SocialSmartGrid is a ground-breaking approach to connect energy providers to their customers through internet to the Smart grids and social networks to boost their energy efficiency up to 20%. The solution is a holistic system based on an energy monitoring unit with internet router integrated which connects to an energy management cloud platform with unique additional features such as social networking, community building and e-commerce marketplace to acquire energy efficient appliances and services. SocialSmartGrid is specially oriented to households and Small and medium business. With only one gadget, our partners from energy and telecommunication utilities will have the possibility to offer to their customer an integrated service of energy management and internet connection. Furthermore, E.ON Energia will support us on the pre-commercial stage through developing a pilot in 100 of its customers, and will be our first sales channel to start our international expansion. We foresee to reach a realistic market share of 0, 6% of the whole European Potential Market, what will imply a cumulative revenue of 38 M€ after 5 years of commercialisation and 22 new direct jobs.

Call for proposal

H2020-SMEInst-2016-2017

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Sub call

H2020-SMEINST-2-2016-2017

Coordinator

FRACTALGARDEN SRL
Net EU contribution
€ 857 656,63
Address
Via Giuseppe Mazzini 33
20099 Sesto San Giovanni Milano
Italy

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Region
Nord-Ovest Lombardia Milano
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Non-EU contribution
€ 367 567,12

Participants (3)

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.

HQ CONSTRUCTION SRL
Italy
Net EU contribution
€ 25 200,00
Address
Via Gallarate 211
20151 Milano

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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
Nord-Ovest Lombardia Milano
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Non-EU contribution
€ 10 800,00
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.

HQ ENGINEERING ITALIA SRL
Italy
Net EU contribution
€ 102 375,00
Address
Via Gallarate 211
20151 Milano

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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
Nord-Ovest Lombardia Milano
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Non-EU contribution
€ 43 875,00
ASCOEL SRL
Italy
Net EU contribution
€ 239 836,63
Address
Via Degli Artigiani 7
26025 Pandino Cr

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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
Nord-Ovest Lombardia Cremona
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Non-EU contribution
€ 102 787,12