Project description
Smart automation system to reduce building energy costs and consumption
Building automation systems help monitor and regulate the operation of building equipment and systems such as heating, ventilation, air conditioning and lighting to optimise performance and energy use. The EU-funded SEAS project plans to develop an IoT-based modular system – a hardware platform and software – to significantly reduce the energy bills of commercial and industrial buildings. Underpinned by an advanced artificial intelligence algorithm, the system will take as input the vast amount of data derived from smart meters, temperature and humidity sensors, and renewable energy generation systems and efficiently manage energy and consumption costs.
Objective
Despite recent investments in smart grid infrastructure and energy management systems, commercial and industrial buildings still waste 30% of their energy consumption on average. This wastage is mainly caused by a lack of automation in the way that energy is consumed and managed.
AKSE’s Smart Energy Automation System (SEAS) is a software/hardware platform that incorporates the vast amounts of data from smart grid devices such as smart meters, temperature and humidity sensors and renewable energy generation to intelligently control the energy consumption of commercial and industrial buildings and infrastructures. Our platform is underpinned by a unique artificial intelligence algorithm that will increase energy efficiency and cut consumption costs. We already have a number of companies interested in adopting the technology, included renowned automotive manufacturer Iveco.
In the growing automated smart energy systems market – set to reach €6.44 billion by 2021 – , we expect SEAS technology to contribute €25.5 million of accumulated revenues to our business by 2024.
Practically, SEAS solution is an automated IoT-based modular platform with self-configuration and adaptation abilities. The platform is flexible, allowing the smart energy meters and wireless applications to be integrated as need arises or as technology advances. Moreover, automation is essential on IoT due to the number and diversity of devices connected which would otherwise make remote or Cloud-based control virtually impossible.
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 electrical engineering, electronic engineering, information engineering electronic engineering control systems
- engineering and technology environmental engineering energy and fuels renewable energy
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering sensors
- natural sciences computer and information sciences artificial intelligence machine learning
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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.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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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-EIC-SMEInst-2018-2020
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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.
42124 REGGIO EMILIA
Italy
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.