Periodic Reporting for period 1 - SmartSense (New Method of Magnetic Field Integration and its Smart Grid and Industrial Applications)
Okres sprawozdawczy: 2017-02-01 do 2017-07-31
The effort aimed at renewable and clean energy production in Europe has led to more distributed energy sources like wind and solar power systems. The properties of such distributed system are significantly different compare to existing static power network. The local power systems generate an increase in harmonics on the waveforms. With rise of renewable energy sources necessity of energy storage and management is increasing as well. The first generation of measurement systems installed in the European power network is getting old and the systems are being replaced. There is therefore a need to ensure that appropriate technology is available that enables reliable and robust control and billing in future power networks.
The main objective of the feasibility study is to prove technical, commercial and financial feasibility for new Method of Magnetic Field Integration and its Smart Grid and Industrial Applications. The study is composed of three main parts: technical viability, commercial viability and economic viability, incl. financial and business plan. Main goal of the overall innovation project (SmartSense) is to test, validate and prepare necessary preconditions for commercialisation of innovative and high added value complex system developed on the basis of new breakthrough method of magnetic field integration invented and patented by APPLIED PRECISION. The result will be production of novel electric current sensors, respective measuring devices and test systems including the information pre-processing and large scale respective data distribution.