Objective
Small and medium enterprises (SMEs, i.e. small offices, restaurants, coffees, retailers, pharmacies, small hotels, etc) typically have electricity bills that can easily exceed 500€/month and high savings potential (above 20%). Nonetheless, they
do not have adequate solutions to promote energy efficiency, as current solutions are either: i) highly complex and costly
Building Energy Management Systems suited only for large buildings or ii) focused on the residential sector needs. Neither
of these solutions address the needs of the more than 20 million SMEs in EU-28.
Leveraging on the infrastructure developed by Watt-IS focused on promoting energy efficiency by a Non-Intrusive Load
Monitoring algorithm and a user engagement platform that is currently in pre-commercialization stage, we intend to bring to
the market a low cost solution for SMEs, integrating real-time energy monitoring, and innovative automatic generation of
tailored energy efficiency measures, intelligent control (lighting and HVAC) and suited for Demand Response (DR) programs
– the Intelligent Energy Efficiency Advisor (iE2Advisor currently TRL 6).
Although the end-users are SMEs, the main clients for iE2Advisor are Energy Service Companies (ESCOs) and Energy
Utilities that can implement the IE2Advisor in their SME clients, generating value throughout the whole value chain, to SMEs
(lower energy bills), ESCOs (higher energy savings generated to their clients) to utilities (more flexible management of
energy loads and reduction of churn rates).
Our aim for Phase 1 of the SME Instrument is to validate our Business Model, Market Analysis and Pricing schemes, in
order to follow up with a Phase 2 proposal to engage around 10,000 SMEs (through ESCOs) and 315,000 (through Utilities)
after 5 years, representing around 10.7 M€ in revenues. With our assumptions, we expect to deliver a service that will help
EU SMEs to save around 500 GWh of electricity per year in year 5 (avoiding around 100M€ of costs to SMEs).
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.
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.
- engineering and technology environmental engineering energy and fuels renewable energy
- engineering and technology environmental engineering ecosystem-based management climatic change mitigation
- engineering and technology electrical engineering, electronic engineering, information engineering electrical engineering power engineering electric power generation
- engineering and technology environmental engineering energy and fuels fossil energy coal
- engineering and technology environmental engineering energy and fuels fossil energy natural gas
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
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H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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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.
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.
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.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
See all projects funded under this callCoordinator
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.
2560 275 Torres Vedras
Portugal
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
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.