Project description
Innovative platform accelerating the ongoing energy revolution
Millions of smart meters will be deployed worldwide in the coming years. However, the design, implementation and maintenance of the smart meter system presents many challenges. Addressing this, the EU-funded Metercloud project is offering a novel solution – a cloud-based integration platform as a service (iPaaS) for the data management and operations of smart meters, smart cities and the IIoT. The platform will enable utility companies to optimise smart grid operations, capitalise on dark data and become platform operators for smart city infrastructure. As it has a unique out-of-the box approach, the platform will speed up data integration and digital transformation.
Objective
The attention on the smart grids and smart grid technologies has grown significantly over the last few years as they represent key enablers towards a low carbon energy scenario. The smart grid promises to drastically change the way power is produced, exchanged and traded. In 2017, almost 40% of the 281M electricity customers in Europe had a smart meter, a share that is set to increase to 70% over the coming years. As a consequence, annual shipments of smart electricity meters will reach a peak of around 28M units per year in 2019/2020. To date, Member States have committed to rolling out close to 200M smart meters for electricity by 2020 at a total potential investment of €45B. A smart meter system employs several control devices, various sensors to identify parameters, software and communication protocols to transfer the data and command signals. Furthermore, each business case is unique, varying according to the regulatory system, business objectives and design of the existing grid. Therefore, the design, deployment and maintenance of the smart meter system involve many challenges. Integration of devices for modulation, demodulation and additional memory for storing the data logs could take months, hence increasing the overall deployment costs. Whereas, operation of a smart meter system involves a huge quantity of data transfer between a smart meter and the server located. The traditional system integration approach is inefficient and slows downs utilities’ digital transformation, due to: expensive and long deployment, poor flexibility and expensive scale up.
Metercloud is a cloud based integration platform as a service (iPaaS) for data management and operations of smart meters, smart cities and IIoT. Metercloud enables utility companies to optimise smart grid operations, capitalise on dark data, and become a platform operator for smart city infrastructure.Metercloud makes the integration, update and scale-up simple, smooth and fast.
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 civil engineering urban engineering smart cities
- natural sciences computer and information sciences software
- engineering and technology environmental engineering energy and fuels renewable energy
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering sensors
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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-2 - SME instrument phase 2
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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.
0155 OSLO
Norway
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.