Project description
Innovative energy management solution
The industrial sector is a major contributor to global warming as it is responsible for approximately a third of global greenhouse gas emissions. Existing energy management software is inefficient in capturing the full process chain, especially in complex industrial plants. New energy management solutions that link energy data with industrial processes, regulatory info, production and market data represent a main challenge for the industrial sector. The EU-funded NEMASIS project proposes the Energy Hub, which is the first energy management platform based on the application of innovative modelling techniques. The solution conforms with all upcoming regulations by making compound industrial processes entirely energy transparent. It reduces energy consumption, contributing to a significant reduction in industrial CO2 emissions.
Objective
The industrial sector emits about 28% of global greenhouse gas emissions (mostly CO2), making it a major contributor to global warming and rising environmental emergency. At the same time, the current generation of energy management software is far from enabling efficient energy management at complex industrial sites. The available applications are not able to capture the full process chain, including energy conversions and locally produced commodities which are very typical in the industry. The challenge lies not only in applying analytics to enormous amounts of energy data, but also in linking this data with external information – industrial processes and production data, regulatory info and market data.
We tackle these challenges by implementing novel modelling techniques. The Energy Hub is the first energy management platform that makes complex industrial processes fully energy transparent and complies with all upcoming regulation. The Energy Hub unlocks to an unprecedented extent insight into efficiency, deviations and cost allocation, down to product level and in real time, that none of the other tools is currently able to compete with. It leads to savings in energy consumption from 5% to 15%, helping industrial companies to reduce CO2 competitively. By boosting efficiency, the Energy Hub contributes to achieving climate goals and sustainable economic growth.
Our value proposition has been validated by numerous industrial giants including our early adopters Johnson & Johnson and Pfizer. The 500 largest targeted customers in the EU alone represent 3,500 industrial sites with a €300 million recurring revenue potential to us per annum. Our target for 2025 is to have at least 500 industrial sites connected to the Energy Hub thus saving 1% CO2 emissions in the EU.
This feasibility study is aimed at validating technical and economic feasibility of the Energy Hub before moving forward with end-stage development within the framework of the EIC Accelerator programme.
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.
- natural sciences computer and information sciences software
- engineering and technology environmental engineering energy and fuels energy conversion
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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.
2950 Kapellen
Belgium
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.