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Next generation renewable energy portfolio asset management based on predictive analytics

Ziel

Isotrol, as a specialist on ICT solutions for renewable energies, has identified a business opportunity of develop and take to market a new generation of portfolio asset manager based on analysing on the large amount of technical and economic data available.

The consolidation of the renewable energies sector and the change of centre of gravity from technical towards financial and asset managers as the main players in the sector. These actors handle hundreds or thousands of energy generation facilities from a large diversity for sizes and technologies (Wind, Photovoltaics, Biomass, Hydro) that has purchased from promoters. The existing tools in the market are based on informational systems or scorecards for the main parameters of the facilities, but, in general, have not been able to take advantage of the complete digitization of the processes and the new techniques of BigData, predictive analytics and systems capable of learning that are capable of provide detailed insights of the portfolio for: a) detecting non-optimal production. b) selling energy strategy and c) O&M cost reductions. The solution is focused as a services (SaaS) for the management of the portfolio, providing specific information about these three areas. On-premise installation for some customers are also foreseen. This data driven predictive analytics over the detailed information of a renewable portfolio is expected to increase the revenue for asset manager in a 10%.

Renewable energies is a key sector for EU economy that already employs over 1 million people and accounted for EUR 144 billion in 2014. The Renewable Energy Directive has the aim of making the EU world number one in renewables. European Commission has set the objective of 27% share of renewable energy for 2030. Growing rates for large (‘utility-scale’) renewable facilities are very consistent in main accessible markets (USA 51% in PV and 11% in wind; Europe, 12% and 5%, Latam 280% and 38%).

Wissenschaftliches Gebiet (EuroSciVoc)

Programm/Programme

Thema/Themen

Finanzierungsplan

SME-1 - SME instrument phase 1

Alle im Rahmen dieses Finanzierungsinstruments finanzierten Projekte anzeigen

Aufforderung zur Vorschlagseinreichung

(öffnet in neuem Fenster) H2020-SMEInst-2016-2017

Alle im Rahmen dieser Aufforderung zur Einreichung von Vorschlägen finanzierten Projekte anzeigen

Koordinator

ISOTROL SA
Netto-EU-Beitrag
€ 50 000,00
Adresse
AVENIDA ISAAC NEWTON 3
41092 Sevilla
Spanien
KMU
Ja
Region
Sur Andalucía Sevilla
Aktivitätstyp
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Gesamtkosten
€ 71 429,00