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Big Data for OPen innovation Energy Marketplace

Project description

Smart toolbox for the energy sector

Technology offers a huge range of opportunities for the energy market. By combining the old metering, operation and control devices with smart systems, there’s a huge amount of data available that is unused or underused. This data offers a range of possibilities to improve existing energy services and create new ones. The EU-funded BD4OPEM project will develop an analytic toolbox based on Big Data techniques, providing tools for enabling efficient business processes in the energy sector. By extracting more value from available data, a range of innovative services will be created in the fields of grid monitoring, operation and maintenance, network planning, fraud detection, smart energy management for houses/buildings/industries, blockchain transactions and flexibility aggregation for demand-response in smart grids.

Objective

Energy power systems face big challenges to cope with grid integration demands of an ever-increasing number of distributed generation and consumption devices in an interconnected world. Technology offers a huge range of opportunities to develop solutions in the uncertain current and upcoming Energy market situation. This proposal considers Open Innovation as a natural solution to create a seamless link and balance between energy stakeholders needs and the solutions to be developed. Nowadays, old metering, operation and control devices are combined with smart systems with a huge amount of data being available yet unused or underused. This data offers a wide range of possibilities to improve existing energy services and creating new ones, all available in an Open Innovation Marketplace, and processed through an Analytic Toolbox. BD4OPEM will develop this Analytic Toolbox, based on Big data techniques, providing tools for enabling efficient business processes in the energy sector. By extracting more value from available data, a range of innovative services will be created in the fields of grid monitoring, operation and maintenance, network planning, fraud detection, smart houses/buildings/industries energy management, blockchain transactions and flexibility aggregation for demand-response. The Open Innovation Marketplace will ensure secure data flows from data providers to solution providers, always compliant with GDPR requirements, so that asset management is enhanced, consumer participation in energy balancing is promoted and new data-driven business models are created through innovative energy services. The project will demonstrate the above features in four large scale pilots with diverse distributed energy sources (e.g. PV, wind, hydro, EV, storage), while promoting the competitiveness and synergies of Sustainable innovations and IT Ecosystems in Europe.

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Keywords

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Programme(s)

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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.

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.

IA - Innovation action

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-DT-2018-2020

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Coordinator

UNIVERSITAT POLITECNICA DE CATALUNYA
Net EU contribution

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.

€ 1 401 948,74
Address
CALLE JORDI GIRONA 31
08034 Barcelona
Spain

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Region
Este Cataluña Barcelona
Activity type
Higher or Secondary Education Establishments
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Total cost

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.

€ 1 424 036,24

Participants (18)

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